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Answer the following question:Q1. The following transactions are recorded in Rani's book ofaccounts during the...

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Accounting

Answer the following question:Q1. The following transactions are recorded in Rani's book ofaccounts during the week ending 6th May 2022:May 1- Sold 71,600 worth of goods to Raju on credit.May 1- Withdrew $5,000 cash from the bank for business use.May 2- Purchased goods priced at 3,800 from Charu, on credit, less 15% trade discount.May 2- Repaid debt of *1,200 owed to Ravi, taking advantage of a 10% settlement discount. The payment was by cheque. May 3- Sold 4,500 worth of goods for cash.May 4- Sold 78,000 worth of goods to Maya on credit, offering a 12.5% discount if payment was made within 7 days. Rani expects Maya to take up this discount.May 4- Paid a telephone bill for 210 by cheque.May 4- Purchased #4,000 worth of goods on credit from Dubey.May 5- Received a cheque from Harish for 21,800.(cheque is deposited and cleared on the same day of the deposit)May 5- Sold 73,400 worth of goods to Mohan on creditMay 5- Purchased 1,500 worth of goods from Patel Brothers by cheque.May 6- Received a cheque from Dhara Singh for $4,820.(cheque is deposited and cleared on the same day of the deposit)May 6- Purchased 1,000 worth of goods on credit from Ganesh.
What is the total of Sales during the week?

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