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Commerce · Q137

Miscellaneous in Commerce

Graduate and Post Graduate · Commerce · question 137

Q137

Debtors Rs. 40,000; B/R Rs. 20,000; Credit Sale Rs. 2,50,000; Sales Return Rs. 10,000; B/P Rs. 10,000. The average collection period will be

A.
2 months
B.
3 months
Answer
C.
4 months
D.
5 months

Answer: Option B

Solution

Answer: Option B
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