Question 7 :
Calculate Credit sales .When opening debtors Rs
3,20,000 ,Closing debtors Rs. 2,40,000,Cash
received from Debtors Rs 11,52,000.
12,00,000
12,60,000
10,72,000
11,40,000
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Answer:
credit sale = opening debtor-closing debtor +cash receive from debtor
= 3,20,000-2,40,000+11,52,000
= 12,32,000
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