Debtors on 01-04-2015 Rs.1,00,000 and on 31-03-2016 is Rs.90,000 cash received from Debtors During the year was Rs.1,60,000 Then credit sales is _________ (a) Rs.2,40,000 (b) Rs.1,50,000 (c) Rs.3,00,000 (d) Rs.1,60,000
Answers
Answered by
3
Answer :
(b) 1,50,000 is the right answer
Explanation:
Because debtors amount received is 10000(100000-90000=10000)
and amount received by debtors here is 1,60,000
so remaining amount is 150000
Hope this helps you dear
Mark as brainliest :)
Answered by
0
Answer:
1,60,000
Explanation:
To start calculating credit sales, determine the cash received. Once you have these figures, determine credit sales by reducing total sales by the amount of total cash received. The credit sales equals total sales minus cash received.
Credit sale = 2,60,000 - 90,000 = 1,70,000
which is equal by Rs 1,60,000
Similar questions