K. Kudakwashe had sales of $1 950 000 and returns inwards of$ 150 000 for the year ended 31 December 2014. What was the turnover for the year?

A$1 650 000

B$1 800 000

C$1 950 000

D$2 100 000

Explanation: Turnover = Sales - Returns inwards =

1 950 000 -

150 000 = $1 800 000.

Derived from ZIMSEC Principles of Accounts 7112/2 Paper 2, November 2015, Q4

Get the full paper, not just one question

Danho has every sitting for this paper, with your progress tracked question by question, offline.