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Debtors opened at Rs 30,000, cash from debtors was Rs 1,70,000 and debtors closed at Rs 40,000. Credit sales?

ARs 1,60,000
BRs 1,80,000
CRs 2,40,000
DRs 1,00,000
Answer & Solution
Correct answer: B. Rs 1,80,000
Credit sales = closing debtors + cash received - opening debtors = 40,000 + 1,70,000 - 30,000 = 1,80,000.
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