Question 1 Report
Use the following information to answer the question below
| 01/01/2016 | 31/12/2016 | |
| Trade debtors | 80,000 | 100,000 |
| Trade creditors | 30,000 | 40,000 |
| Stock | 70,000 | 90,000 |
Cheques received from trade debtors in 2016: 350,000
Payment made to trade creditors in 2016: 220,000
Credit sales for 2016 is?
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