Q.75 DK Goel Accounting Ratios Solutions Class 12 CBSE (2024-25)
the solutions of Question number 75 of Accounting Ratios chapter 5 of DK Goel Class 12 CBSE (2024-25)
Calculate Trade Receivables Turnover Ratio from the following information:
| ₹ | |
| Credit Sales | 22,00,000 |
| Cash Received from Debtors | 20,40,000 |
| Discount Allowed | 40,000 |
| Sales Returns | 60,000 |
| Opening Debtors | 4,70,000 |
[Ans. Closing Debtors ₹ 5,30,000; Trade Receivables Turnover Ratio 4.28 times.]
Solution:-
