Accountancy, asked by perkmaans, 1 month ago

13. From the following details determine the value of debtors:
Total Sales 5,00,000 : Debtors velocity 30 days
Cash Sales 2,00,000 : Bills Receivable 5,000.

Answers

Answered by akshaypadhiyar763

1

Answer:

3,00,000

Explanation:

Since out of 5 lakhs of sales 2lakhs sales amount is recieved so remaining 3lakhs are still receivable along with bills receivable

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