DK Goel Solutions Q 74 Chapter 3 Accounting Ratios Class 12 CBSE [2023-24]
Step-by-step solution of Question 74, Chapter 3 Accounting Ratios, DK Goel Class 12 Accountancy 2023-24 for the CBSE Board.
Question 74
Calculate Trade Receivables Turnover Ratio from the following information :
- Collection from Trade Receivables ₹ 3,20,000
- Sales Returns ₹ 45,000
- Discount Allowed ₹ 20,000
- Opening Trade Receivables ₹ 80,000
Closing Trade Receivables 25% more than Opening Trade Receivables.

Solution



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About this solution
This is Chapter 3 Accounting Ratios of DK Goel For 2024 Examinations.
Written by Vijay Adarsh, teaching commerce since 2003 to Class 11, Class 12, B.Com, CA, CS and CMA students.
We have solved all the practical questions in this book and explained them Step by Step in detail with clear working notes.
Also, we have followed the proper format and workings which are required as per CBSE Guidelines. Just follow our presentation of solutions and score good marks in the Accountancy Board Exam.


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