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From the following details find out credit sales during financial year 2010 2011 1) opening balance of sundry debtors on 1.4.10 rs. 12000 2) bills receivable accepted by customer rupees 13000 3) closing balance of sundry debtors on 31.3.11 rs. 14000 4) cash received from debtors during the year rupees 38400?
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From the following details find out credit sales during financial year...


Calculation of Credit Sales during Financial Year 2010-2011:


1. Opening Balance of Sundry Debtors on 1.4.10:
- Rs. 12,000


2. Bills Receivable accepted by Customer:
- Rs. 13,000


3. Closing Balance of Sundry Debtors on 31.3.11:
- Rs. 14,000


4. Cash Received from Debtors during the Year:
- Rs. 38,400


Calculation:
- Opening Balance + Credit Sales - Cash Received = Closing Balance
- 12,000 + Credit Sales - 38,400 = 14,000
- Credit Sales = 14,000 + 38,400 - 12,000
- Credit Sales = Rs. 40,400
Therefore, the credit sales during the financial year 2010-2011 was Rs. 40,400.
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From the following details find out credit sales during financial year 2010 2011 1) opening balance of sundry debtors on 1.4.10 rs. 12000 2) bills receivable accepted by customer rupees 13000 3) closing balance of sundry debtors on 31.3.11 rs. 14000 4) cash received from debtors during the year rupees 38400?
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From the following details find out credit sales during financial year 2010 2011 1) opening balance of sundry debtors on 1.4.10 rs. 12000 2) bills receivable accepted by customer rupees 13000 3) closing balance of sundry debtors on 31.3.11 rs. 14000 4) cash received from debtors during the year rupees 38400? for Commerce 2025 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about From the following details find out credit sales during financial year 2010 2011 1) opening balance of sundry debtors on 1.4.10 rs. 12000 2) bills receivable accepted by customer rupees 13000 3) closing balance of sundry debtors on 31.3.11 rs. 14000 4) cash received from debtors during the year rupees 38400? covers all topics & solutions for Commerce 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for From the following details find out credit sales during financial year 2010 2011 1) opening balance of sundry debtors on 1.4.10 rs. 12000 2) bills receivable accepted by customer rupees 13000 3) closing balance of sundry debtors on 31.3.11 rs. 14000 4) cash received from debtors during the year rupees 38400?.
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