UN Change)
Ex. 14. A trader purchases goods both on cash as well as on credit terms. The following particulars
are obtained from the books.
Total Purchases
Cash Purchases
Purchases Returns
Creditors at the end
Bills Payable at the end
Reserve for Discount on Creditors
Calculate Average Payment Period.
Take 365 days in a year.
(Ans. 275 days)
>
3.00.000
30.000
51.000
1,05,000
60.000
8.000
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Answer:
IT'S VERY BIG
I DON'T UNDERSTAND
I'M SORRY
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