The following information is taken from the accounts of Ray Ltd.
- What were the proceeds from sale of motor vehicles?
A) $30 000
B) $40 000
C) $50 000
D) $140 000

Name: The following information is taken from the accounts of Ray Ltd. - What were the proceeds from sale of motor vehicles? A) $30 000 B) $40 000 C) $50 000 D) $140 000
Brand: Quizplus
Rating: 4.7 (48 reviews)

Question

The following information is taken from the accounts of Ray Ltd. 
- What were the proceeds from sale of motor vehicles?
A) $30 000 
B) $40 000 
C) $50 000 
D) $140 000

Quizplus · Accepted Answer

The proceeds from the sale of motor vehicles were $50,000, as indicated by the correct choice.

The Following Information Is Taken from the Accounts of Ray