CA Foundation Exam  >  CA Foundation Questions  >  The Balance of Sales day book is Rs. 25,000. ... Start Learning for Free
The Balance of Sales day book is Rs. 25,000. Rs. 5,000 were recovered from debtors. Then balance of Day Book will be transferred by which amount ?

  • a)
    Rs. 30,000

  • b)
    Rs. 5,000

  • c)
    Rs. 20,000

  • d)
    Rs. 10,000

Correct answer is option 'A'. Can you explain this answer?
Most Upvoted Answer
The Balance of Sales day book is Rs. 25,000. Rs. 5,000 were recovered ...
Balance of Sales Day Book

The Balance of Sales day book is the total amount of sales that are recorded and yet to be collected from debtors.

Given Information

The Balance of Sales day book is Rs. 25,000. Rs. 5,000 were recovered from debtors.

Calculation

To calculate the new balance of the Sales day book, we need to subtract the amount recovered from the previous balance.

New Balance = Previous Balance - Amount Recovered
New Balance = Rs. 25,000 - Rs. 5,000
New Balance = Rs. 20,000

Therefore, the balance of the Sales day book will be transferred by Rs. 20,000.

Conclusion

The correct option is A, which states that the balance of the Sales day book will be transferred by Rs. 25,000. However, the correct answer should be Rs. 20,000, which is calculated by subtracting the amount recovered from the previous balance. It is essential to carefully read and understand the question before choosing the answer.
Free Test
Community Answer
The Balance of Sales day book is Rs. 25,000. Rs. 5,000 were recovered ...
Since,debtor recovery has not any connection from sales book. so answer will be 25000
Explore Courses for CA Foundation exam

Similar CA Foundation Doubts

The Balance of Sales day book is Rs. 25,000. Rs. 5,000 were recovered from debtors. Then balance of Day Book will be transferred by which amount ?a)Rs. 30,000b)Rs. 5,000c)Rs. 20,000d)Rs. 10,000Correct answer is option 'A'. Can you explain this answer?
Question Description
The Balance of Sales day book is Rs. 25,000. Rs. 5,000 were recovered from debtors. Then balance of Day Book will be transferred by which amount ?a)Rs. 30,000b)Rs. 5,000c)Rs. 20,000d)Rs. 10,000Correct answer is option 'A'. Can you explain this answer? for CA Foundation 2025 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about The Balance of Sales day book is Rs. 25,000. Rs. 5,000 were recovered from debtors. Then balance of Day Book will be transferred by which amount ?a)Rs. 30,000b)Rs. 5,000c)Rs. 20,000d)Rs. 10,000Correct answer is option 'A'. Can you explain this answer? covers all topics & solutions for CA Foundation 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for The Balance of Sales day book is Rs. 25,000. Rs. 5,000 were recovered from debtors. Then balance of Day Book will be transferred by which amount ?a)Rs. 30,000b)Rs. 5,000c)Rs. 20,000d)Rs. 10,000Correct answer is option 'A'. Can you explain this answer?.
Solutions for The Balance of Sales day book is Rs. 25,000. Rs. 5,000 were recovered from debtors. Then balance of Day Book will be transferred by which amount ?a)Rs. 30,000b)Rs. 5,000c)Rs. 20,000d)Rs. 10,000Correct answer is option 'A'. Can you explain this answer? in English & in Hindi are available as part of our courses for CA Foundation. Download more important topics, notes, lectures and mock test series for CA Foundation Exam by signing up for free.
Here you can find the meaning of The Balance of Sales day book is Rs. 25,000. Rs. 5,000 were recovered from debtors. Then balance of Day Book will be transferred by which amount ?a)Rs. 30,000b)Rs. 5,000c)Rs. 20,000d)Rs. 10,000Correct answer is option 'A'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of The Balance of Sales day book is Rs. 25,000. Rs. 5,000 were recovered from debtors. Then balance of Day Book will be transferred by which amount ?a)Rs. 30,000b)Rs. 5,000c)Rs. 20,000d)Rs. 10,000Correct answer is option 'A'. Can you explain this answer?, a detailed solution for The Balance of Sales day book is Rs. 25,000. Rs. 5,000 were recovered from debtors. Then balance of Day Book will be transferred by which amount ?a)Rs. 30,000b)Rs. 5,000c)Rs. 20,000d)Rs. 10,000Correct answer is option 'A'. Can you explain this answer? has been provided alongside types of The Balance of Sales day book is Rs. 25,000. Rs. 5,000 were recovered from debtors. Then balance of Day Book will be transferred by which amount ?a)Rs. 30,000b)Rs. 5,000c)Rs. 20,000d)Rs. 10,000Correct answer is option 'A'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice The Balance of Sales day book is Rs. 25,000. Rs. 5,000 were recovered from debtors. Then balance of Day Book will be transferred by which amount ?a)Rs. 30,000b)Rs. 5,000c)Rs. 20,000d)Rs. 10,000Correct answer is option 'A'. Can you explain this answer? tests, examples and also practice CA Foundation tests.
Explore Courses for CA Foundation exam

Top Courses for CA Foundation

Explore Courses
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
10M+ students study on EduRev