Accountancy, asked by ronit22702, 1 month ago

National Steel Ltd., makes steel products. They sold steel products for cash 35,000 and on credit for 53,000. What is the amount of revenue for the company? Give reason to justify your answer.

Answers

Answered by Marvelousmind
1

Answer:

88000

it is because of the sales. Though 53000 was on credit it did increase their assets (debtors) and 35000 which was received in cash is also a revenue.

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