Calculate Total Sales from the following information:

₹

Bills Receivables as on 1st April, 2018 7,800

Debtors as on 1st April, 2018 30,800

Cash received on maturity of Bills Receivable during the year 20,900

Cash received from Debtors 70,000

Bad Debts written off 4,800

Returns Inward 8,700

Bills Receivable dishonoured 1,800

Bills Receivable on 31st March, 2019 6,000

Debtors as on 31st March, 2019 25,500

Cash Sales during the year 15,900

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Solution

Debtors Account

Dr.
Cr.

Particulars

Amount

(₹)

Particulars

Amount

(₹)

Balance b/d
30,800
Cash A/c
70,000

Bill Receivable A/c
1,800
Sales Return A/c
8,700

Sales A/c
97,300
Bad-Debts A/c
4,800

Bill Receivable A/c
20,900

Balance c/d
25,500

1,09,000

1,09,000

Total Sales = Cash Sales + Credit Sales

Total Sales = 15,900 + 97,300 = ₹ 1,13,200

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Similar questions

Q. Calculate Total Sales from the following information:

	₹
Bills Receivables as on 1st April, 2017	7,800
Debtors as on 1st April, 2017	30,800
Cash received on maturity of Bills Receivable during the year	20,900
Cash received from Debtors	70,000
Bad Debts written off	4,800
Returns Inward	8,700
Bills Receivable dishonoured	1,800
Bills Receivable on 31st March, 2018	6,000
Debtors as on 31st March, 2018	25,500
Cash Sales during the year	15,900

Q. From the following information, calculate Total Sales made during the period:

	₹
Debtors as on 1st April, 2017	20,400
Cash received from debtors during the year (as per Cash Book)	60,800
Returns Inward	5,400
Bad Debts	2,400
Debtors as on 31st March, 2018	27,600
Cash Sales (as per Cash Book)	56,800

Q. From the following information, calculate value of Opening Inventory:

Closing Inventory	=	₹ 68,000
Total Sales	=	₹ 4,80,000 (including Cash Sales ₹ 1,20,000)
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Goods are sold at a profit of 25% on cost.

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	₹
Bills Receivables as on 1st April, 2018	7,800
Debtors as on 1st April, 2018	30,800
Cash received on maturity of Bills Receivable during the year	20,900
Cash received from Debtors	70,000
Bad Debts written off	4,800
Returns Inward	8,700
Bills Receivable dishonoured	1,800
Bills Receivable on 31st March, 2019	6,000
Debtors as on 31st March, 2019	25,500
Cash Sales during the year	15,900

Debtors Account
Dr.			Cr.
Particulars	Amount (₹)	Particulars	Amount (₹)
Balance b/d	30,800	Cash A/c	70,000
Bill Receivable A/c	1,800	Sales Return A/c	8,700
Sales A/c	97,300	Bad-Debts A/c	4,800
		Bill Receivable A/c	20,900
		Balance c/d	25,500

	1,09,000		1,09,000