If opening debtors is Rs. 2,00,000, closing debtors is Rs. 4,40,000 and receipts is Rs. 1,20,000, then the amount of credit sales is .

Rs. 4,60,000

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Rs. 3,60,000

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Rs. 2,40,000

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Rs. 4,00,000

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Solution

The correct option is B Rs. 3,60,000
Credit sales = Closing debtors + Receipts - Opening debtors
Credit sales = 4,40,000 + 1,20,000 - 2,00,000
Credit sales = Rs. 3,60,000

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If opening debtors is Rs. 2,00,000, closing debtors is Rs. 4,40,000 and receipts is Rs. 1,20,000, then the amount of credit sales is .

The correct option is B Rs. 3,60,000Credit sales = Closing debtors + Receipts - Opening debtors Credit sales = 4,40,000 + 1,20,000 - 2,00,000 Credit sales = Rs. 3,60,000

The correct option is B Rs. 3,60,000
Credit sales = Closing debtors + Receipts - Opening debtors
Credit sales = 4,40,000 + 1,20,000 - 2,00,000
Credit sales = Rs. 3,60,000