Student Community

Closing Trade Receivables ₹ 4,00,000; Cash Sales being 25% of Credit Sales; Excess of Closing Trade Receivables over Opening Trade Receivables ₹ 2,00,000

Anurag Pathak
August 14, 2023
[CBSE] TS Grewal Solutions, Accounting For Share Capital

1.76K viewsAugust 14, 2023[CBSE] TS Grewal Solutions Accounting For Share Capital

Anurag Pathak27.13K August 14, 2023 0 Comments

Closing Trade Receivables ₹ 4,00,000; Cash Sales being 25% of Credit Sales; Excess of Closing Trade Receivables over Opening Trade Receivables ₹ 2,00,000; Revenue from Operations, i.e., Net Sales ₹ 15,00,000. Calculate Trade Receivables Turnover Ratio.

[Ans.: Trade Receivables Turnover Ratio = 4 Times.]

Anurag Pathak Changed status to publish August 14, 2023

Add a Comment

1 Answer

Anurag Pathak27.13K Posted August 14, 2023 0 Comments

Solution:-

Anurag Pathak Changed status to publish August 14, 2023

Add a Comment

Anurag Pathak

Anurag Pathak is an academic teacher. He has been teaching Accountancy and Economics for CBSE students for the last 18 years. In his guidance, thousands of students have secured good marks in their board exams and legacy is still going on. You can subscribe his youtube channel and can download the Android & ios app for free lectures.

Articles: 7711

Telegram Channel

Telegram Channel

1 Answer

1 Answer

Anurag Pathak

Related Questions