Shirley has made the following predictions for her business for the first six months of trading to 30 June:
Sales in Jan, Feb and March = £30,000 per month.
Sales in Apr, May and June = £45,000 per month.
Sales will be on one month's credit.
The trade receivables figure as of 30 June will be:
A) £NIL
B) £30,000.
C) £45,000.
D) £90,000.
Correct Answer:
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