To determine how much Harry sold to cash customers, he must:

Question

Quizplus · Accepted Answer

To determine how much Harry sold to cash customers, we need to subtract the increase in trade receivables from total sales. This is because trade receivables represent sales made on credit, so the increase in trade receivables represents sales made on credit and not on cash. Therefore, subtracting the increase in trade receivables from total sales gives us the amount of sales made to cash customers.

To Determine How Much Harry Sold to Cash Customers, He