Calculate amount of Opening Trade Receivables and Closing Trade Receivables from the following:

Trade Receivables Turnover Ratio 4 Times
Cost of Revenue from Operations (Cost of Goods Sold) 10,00,000
Gross Profit Ratio 20%

Closing Trade Receivables were ₹ 40,000 more than the opening

Cash Sales being 1/3rd of Credit Sales

Anurag Pathak Changed status to publish March 12, 2024
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