Question

6. Calculate the Trade Receivables Turnover Ratio and Average Collection Period (in months) from the
following information :
31st March, 2015
1st April, 2014
Sundry Debtors
₹ .
BR
55,000
Provision for Doubtful Debts
15,000
Total Sales * 2,00,000; Sales Returns 73,000; Cash Sales *
5,000​

Answer 1

Answer:

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