How to calculate Credit Sales | Incomplete Accounting Records | Trade Receivables | Debtors

In this video you will learn how to calculate your total sales when given the opening and closing balance of debtors.
Total sales include your cash and credit sales.
This is part of the Incomplete Accounting Records
Tutorial on how to find credit purchases:
• How To calculate Credi...
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[@missaccounting]

Leave a comment below on a topic you would like a tutorial on!

[@calebcali1482]

Thank you Please how do you reflect the Costs of the Recievables in the Income statement

[@saith_256]

I can't thank you enough.

[@missaccounting]

It's a pleasure, I hope it helped you!

[@nununaeem6039]

How do u do control account allowance for receivables/payables?

[@yusufabdirahmanjama8720]

Please what is different between credit sales and receivables thanks a alot

[@missaccounting]

Credit sales are goods/services that have been sold to your customers who will only pay you later over a period of time.
Trade receivables are the customers who owe you money for the goods/services you have sold to them.
Hope this helps