Vidyalelo
Commerce · Q1181

Accounting

Graduate and Post Graduate · Commerce · question 1181

Q1181

Debtors = Rs. 8,400 Reserve for bad debts = Rs. 400 Cost of sales = Rs. 36,000 Profit = Sales of 40% Debt collection period is:

A.
45 days
B.
49 days
Answer
C.
75 days
D.
86 days

Answer: Option B

Solution

Answer: Option B
No explanation is given for this question Let's Discuss on Board