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There is $100 in the cash till at the year-end for Demon, but the accountant had discovered that some cash has been stolen. At the beginning of the year there was $50 in the cash till and receivables were $2,000. Total sales for the year were $230,000. Receivables at the end of the year were $3,000. Cheques banked from credit sales were $155,000,and cash sales of $50,000 have been banked. How much cash was stolen during the year? A $23,950 B $24,050 C $24,150 D $30,040 |