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Calculate Trade Payables Turnover Ratio from the following information Opening Creditors ₹ 1,60,000 Opening Bills Payable ₹ 6,000

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Anurag Pathak26.69K March 12, 2024 0 Comments

Calculate Trade Payables Turnover Ratio from the following information:

Opening Creditors ₹ 1,60,000; Opening Bills Payable ₹ 6,000; Closing Creditors ₹ 2,00,000; Closing Bills Payable ₹ 34,000; Purchases ₹ 28,00,000; Cash Purchases ₹ 10,00,000 and Purchases Return ₹ 2,00,000.

Anurag Pathak Changed status to publish March 12, 2024

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Anurag Pathak26.69K Posted March 12, 2024 0 Comments

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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.

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Calculate Trade Payables Turnover Ratio from the following information Opening Creditors ₹ 1,60,000 Opening Bills Payable ₹ 6,000

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Anurag Pathak

1 Answer

Anurag Pathak

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