alleryStart learning →Debtors 50,000 opening; credit sales 3,00,000; cash 2,70,000; discount 10,000; bad debts 5,000. Closing debtors?
A75,000
B70,000
C65,000
D60,000
Answer & Solution
Correct answer: C. 65,000
Closing debtors = 50,000 + 3,00,000 - 2,70,000 - 10,000 - 5,000 = 65,000.
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