Q.78 DK Goel Accounting Ratios Solutions Class 12 CBSE (2024-25)
the solutions of Question number 78 of Accounting Ratios chapter 5 of DK Goel Class 12 CBSE (2024-25)
Credit Revenue from Operations (Credit Sales) of X Ltd. during the year ended 31st March, 2023 were ₹ 5,64,000. If trade receivables turnover ratio is 6 times, Calculate trade receivables in the beginning and at the end of the year. Trade Receivables at the end were ₹ 10,000 more than that at the beginning of the year.
[Ans. Opening Trade Receivables ₹ 89,000; Closing Trade Receivables ₹ 99,000.]
Solution:-
