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What was the position of trade receivables at the end

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Question - At the beginning of 2020, the balance of Accounts Receivable was ISK 19,000. During the year, sales amounted to ISK 189,000. and cash sales were ISK 78,000. Trade receivables in the amount of ISK 162,000. were collected during the year. In addition, ISK 1,275 was collected. which had previously been recorded as verifiably lost claims. Based on the above transactions, what was the position of trade receivables at the end of 2020?

a. 124,000 kr.

b. 122,725 kr.

c. 46,000 kr.

d. 44,725 kr.

Reference no: EM132800463

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