Calculate Trade Payables Turnover Ratio from the following information Sundry Creditors ₹ 4,00,000
Calculate Trade Payables Turnover Ratio from the following information:
| 1st April, 2022 (₹) | 31st March, 2023 (₹) | |
|
Sundry Creditors Bills Payable |
4,00,000 15,000 |
5,00,000 85,000 |
Purchase during the year ₹ 70,00,000 (including Cash Purchase of ₹ 25,00,000).
Purchase Return ₹ 5,00,000.
Anurag Pathak Changed status to publish March 12, 2024
