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Tom's Bank Statements Show He Had an Opening Bank Balance

Question 17

Multiple Choice

Tom's bank statements show he had an opening bank balance of £3,000 and a closing bank balance of £7,000.Tom knows he paid £5,000 to suppliers and that he took drawings of £1,200.Calculate what Tom received from debtors.


A) £13,200
B) £5,000
C) £9,800
D) £10,200

Correct Answer:

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