During the financial year Marina Limited had sales of €720 000. The opening balance of trade receivables was €103 000, and the ending balance was €139 000. Bad debts of €34 000 were written off during the period. The cash receipts from customers during the year were equal to:
A) €650 000;
B) €718 000;
C) €722 000;
D) €790 000.
Correct Answer:
Verified
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