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Question

Opening debtorsRs. 3,000
Credit SalesRs. 80,000
Cash received from debtorsRs. 60,000
Find the amount of closing debtors.

A
Rs. 30,000
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B
Rs. 32,000
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C
Rs. 23,000
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D
Rs. 20,000
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Solution

The correct option is B Rs. 23,000
Closing debtors = Opening debtors + Credit sales - Cash received from
debtors
= 3,000 + 80,000 - 60,000
= Rs-23,000

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