opening balance of debtors Rs. 60000,cash received Rs 200000, credit sales Rs. 180000 and closing balance of debtors is a. Rs.60000 b. Rs 260000 c. Rs 80000 d. Rs 4000
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Answer :
- Opening balance of debtors Rs. 60000, cash received Rs 200000, credit sales Rs. 180000 and closing balance of debtors is Rs. 8000.
In Solution :
- First, we add all Debtors and then subtract Creditors :
➝ 60,000 + 2,00,000 - 1,80,000
➝ 260,000 - 1,80,000
➝ 80,000.
- Hence, the Correct option is c. Rs. 80,000.
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