During the financial year Sugianto Limited had sales of $42 000.The opening balance of accounts receivable was $9000,and the closing balance was $12 700.Bad debts amounting to $700 were written off during the period.The cash receipts from sales during the year amounted to:

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Sales = $42,000Opening balance of accounts receivable = $9,000Closing balance of accounts receivable = $12,700Bad debts written off = $700Cash receipts from sales = Sales + Opening balance of accounts receivable - Closing balance of accounts receivable - Bad debts written off= $42,000 + $9,000 - $12,700 - $700= $37,600

During the Financial Year Sugianto Limited Had Sales of $42