OPS Ltd Provided the Following Information for the Year Ended

question 7

Multiple Choice

OPS Ltd provided the following information for the year ended 30 June 2014.
Revenue $240 000
Accounts receivable 1 July 2013 30 000
Accounts receivable 30 June 2014 20 000
Bad debts written off during the year* 6 000
* Direct method debit bad debts expense $6 000; credit accounts receivable $6 000) .
Cash receipts from customers for the year ending 30 June 2014 were?

• A)$256 000
• B)$236 000
• C)$224 000
• D)$244 000

---

Definitions:

Liver Cancer

A malignant growth in the liver, one of the major organs involved in metabolic processes and detoxification.

Decreased

A reduction in size, number, value, or extent of something.

Cancer Deaths

Fatalities that occur as a direct result of cancer or its treatment, encompassing all types of cancer.

Radiation

The emission of energy as electromagnetic waves or as moving subatomic particles, especially high-energy particles that cause ionization.