closing trade Recive =400000 , cash sales is 25%of credit sales, Net sales = 1500000, Excess of closing trade recevide over opening trade Recived
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Step-by-step explanation:
Provide complete data. Me try to solve with assuming "excess of cl. trade ... Rs. 200000.
So AVG. Inventory cal. ...
First op. Inventory 400000-200000.
AVG. 400000+200000/2
300000.
Credit sale 1500000/125. 1200000.
1200000/300000. 4 time answer
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