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Commerce · Q541

Accounting

Graduate and Post Graduate · Commerce · question 541

Q541

If the net sales of the year is Rs. 2,50,000 and the debtors is Rs. 50,000, then the average collection period will be

A.
45 day
B.
54 day
C.
73 day
Answer
D.
37 day

Answer: Option C

Solution

Answer: Option C
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