Question

From the following details estimate total sales.

Particulars	Rs.
Cash sales	$20,000$
Cash collection from debtors	$1,30,000$
Bad debts during the year	$15,000$
Cash discount to debtors	$5,000$
Debtors as on $1-1-2015$	$25,000$
Debtors as on $31-12-2015$	$55,000$

• A. Rs. $1,50,000$
• B. Rs. $1,80,000$
• C. Rs. $2,00,000$
• D. Rs. $1,90,000$

Answer 1

Answer: (C)

Rs. $2,00,000$

Total Sales= Cash Sales+Credit Sales

Cash Sales is already given Rs. 20000

Credit Sales can be identified by preparing the sundry debtors account.

Sundry Debtors

Particulars	Amount	Particulars	Amount
To Op Balance B/f	25000	By Cash	130000
To Credit Sales	180000	By Discount	5000
		By Bad Debts	15000
		By Closing Balance C/d	55000
Total	205000	Total	205000
Cash Sales (A)	20000
Credit Sales (B)	180000	Total Sales (A+B)	Rs.200000