9706/12 Accounting Oct Nov 2022 Online Test | Cambridge AS and A Level MCQ

A trader does not keep full records but supplies the following information.
Cheques issued during the year were $19 950.
All takings from sales were banked except that cash of $5400 was used for drawings and $7200 was paid for wages.
In addition, $3000 was paid to bank from the sale of a motor vehicle.
What was the total…