Question

Total sale Rs.3,00,000, Debtors at the beginning Rs.25,000 and closing Debtors Rs 36,000. cash sale will be​

Answer 1

Explanation:

Debtors occurred during the year are 36000-25000 = 11000

That means debtors occur only when there are creditsales 11000

Therefore total sales - credit sales = Cash sales.

300000 - 11000 = 289000

Cash sales is 289000

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Answer 2

289000

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