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Commerce · Q859

Accounting

Graduate and Post Graduate · Commerce · question 859

Q859

Opening Debtors Rs. 10,000 Sales Returns Rs. 7,000 Bad Debts Rs. 3,000 Cash Received from Debtors Rs. 40,000 Closing Debtor Rs. 13,000 Find out the amount of credit sales.

Opening Debtors Rs. 10,000
Sales Returns Rs. 7,000
Bad Debts Rs. 3,000
Cash Received from Debtors Rs. 40,000
Closing Debtor Rs. 13,000

Find out the amount of credit sales.
A.
Rs. 63,000
B.
Rs. 53,000
Answer
C.
Rs. 46,000
D.
None of the above

Answer: Option B

Solution

Answer: Option B
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