Solution-Assuming 360 days in a year calculate debtors

Assuming 360 days in a year calculate debtors turnover

Reference no: EM13567602

Debt collection period of X Ltd is 36 days. Sales affected during the year were Rs 5,00,000. Assuming 360 days in a year, calculate Debtors Turnover Ratio; Average Debtors; Debtors on Jan 01, 2006 and Dec 31, 2006, if the debtors at the end are Rs 20,000 more than those in the beginning.

Reference no: EM13567602

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Assuming 360 days in a year calculate debtors turnover

Reference no: EM13567602

Reference no: EM13567602

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