Practicing Success

Target Exam

CUET

Subject

Accountancy

Chapter

Accounting Ratios

Question:
PARTICULARS AMOUNT ( ₹)
Cost of revenue from operations  1800000
Inventory 360000
Trade receivables 170000
Marketable securities 50000
Cash and bank balance 20000
Trade payables 140000
Provision for tax 10000

Calculate the amount of debtors from the above information.

Options:

₹170000

₹150000

₹120000

₹100000

Correct Answer:

₹170000

Explanation:

The correct answer is option 1 i.e. ₹170000.
Trade receivables is the another name for the debtors.