The following information was obtained from the accounting records of Vierra Traders on 29 February 2020, the end of the financial year: R Interest income 1 000 Rent income 72 000 Discount received 6 000 Provision for bad debts (decrease) 8 000 Sales 300 000 Which of the following represents the total "Other operating income" that would be reflected in a statement of comprehensive income? O A. R386 000 B. R78 000 O C. R86 000 O D. R79 000

The following information was obtained from the accounting records of Vierra Traders on 29 February 2020, the end of the financial year: R Interest income 1 000 Rent income 72 000 Discount received 6 000 Provision for bad debts (decrease) 8 000 Sales 300 000 Which of the following represents the total "Other operating income" that would be reflected in a statement of comprehensive income? O A. R386 000 B. R78 000 O C. R86 000 O D. R79 000

Principles of Accounting Volume 1

19th Edition

ISBN:9781947172685

Author:OpenStax

Publisher:OpenStax

Chapter9: Accounting For Receivables

Section: Chapter Questions

Problem 10PA: Elegant Universal uses the balance sheet aging method to account for uncollectible debt on...

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