Use the following information to answer the given question
(begin{array}{c|c} & N \ text{Debtors (1/1/98)} & 2,000 \ text{Debtors (31/12/98)} & 1,250 \ text{Cash received from debtors} & 6,000 \ text{Bad debt written off} & 750 \ text{Discount allowed} & 500 \ text{Discount received} & 125end{array})
What was the amount of sales for the year?
(begin{array}{c|c} & N \ text{Debtors (1/1/98)} & 2,000 \ text{Debtors (31/12/98)} & 1,250 \ text{Cash received from debtors} & 6,000 \ text{Bad debt written off} & 750 \ text{Discount allowed} & 500 \ text{Discount received} & 125end{array})
What was the amount of sales for the year?
-
A.
N8,500 -
B.
N6,625 -
C.
N6,500 -
D.
N6,000