Read the following information and answer the question.
| PARTICULARS | AMOUNT ( ₹) |
| Cost of revenue from operations | 18,00,000 |
| Inventory | 3,60,000 |
| Trade receivables | 1,70,000 |
| Marketable securities | 50,000 |
| Cash and bank balance | 20,000 |
| Trade payables | 1,40,000 |
| Provision for tax | 10,000 |
Calculate the amount of debtors from the above information.
Answer & explanation
Correct answer: option 1
The correct answer is option 1- ₹1,70,000.
Trade receivables is the another name for the debtors. So, debtors are 1,70,000.