Question

from the follow
2019)
Net Credit Sales
Debtor Tumover Ratio
Closing debtors are two times in comparison to opening debtors
| Ans. Opening debtors 230,000 ; closing debtors 260,000)
em the following figures, calculate the debtors turnover ratio :
Particulars
Gross Sales
9.50.000
Sales Returns
50,000
Opening Debtors
85.000
Closing Debtors
1.17.000
Provision for doubthul debts
7.000
Ams. 2019-8.87 times : 2020-7.39 times)
Calculate debtors turnover ratio and average collection period in terms of
bllowing information:​

Answer 1

Answer:

From the follow 2019) Net Credit Sales Debtor Tumover Ratio Closing debtors are two times in comparison to opening debtors ... ratio : Particulars Gross Sales

Explanation:

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