Q.74 DK Goel Accounting Ratios Solutions Class 12 CBSE (2024-25)
the solutions of Question number 74 of Accounting Ratios chapter 5 of DK Goel Class 12 CBSE (2024-25)
Calculate Trade Receivables Turnover Ratio from the following figures:-
₹ | |
Total Revenue from Operations (Total Sales) | 10,00,000 |
Cash Revenue from Operations (Cash Sales) | 1,50,000 |
Revenue from Operations Return (Sales Returns) | 10,000 |
Opening Debtors | 50,000 |
Opening B/R | 10,000 |
Closing Debtors | 60,000 |
Closing B/R | 20,000 |
[Ans. Trade Receivables Turnover Ratio 12 Times.]
Solution:-