MCQOPTIONS
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				| 1. | 
                                    If the closing balance of receivables is less than the opening balance for a month thenwhich one is true out of | 
                            
| A. | Collections>Current Purchases, | 
| B. | Collections>Current Sales, | 
| C. | Collections<Current Purchases, | 
| D. | Collections < Current Sales. | 
| Answer» C. Collections<Current Purchases, | |