Accountancy, asked by siddharthsatish881, 1 month ago

Calculate amount of Opening Trade Receivables and Closing Trade Receivables from the following

figures:

Trade Receivable Turnover ratio 5 times

Cost of Revenue from Operations ₹ 8,00,000

Gross Profit ratio 20%

Closing Trade Receivables were ₹ 40,000 more than in the beginning

Cash sales being ¼ times of Credit sales

Answers

Answered by BHARATPURI4

0

Answer:

.

Explanation:

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