Question - 35 (A)

From the following information calculate debtors turnover ratio and average collection period for the calendar year 2001.

Total sales Rs. 1,00,000, Cash sales (included in above) Rs. 20,000, Sales return Rs. 7,000, Debtors (31.12.2001) Rs. 9,000, Bills receivable (31.12.2001) Rs. 2,000, Provision for bad debt Rs. 1,000, Total debtors (31.12.2001) Rs. 10,000. 


Questio - 35 (B)

From the following information, calculate debtors turnover ratio and average collection period.

Opening debtors Rs. 37,000, Closing debtors Rs. 43,000 Sales Rs. 6,00,000, Cash sales Rs. 80,000.

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