Debtor velocity $=3$ months Sales ₹25,00,000 Bills receivable & bills payable were ₹60,000 and ₹36,667 respectively Sundry debtors $=?$
CS Executive · Cost and Management Accounting · PYQS · June 2018
Debtor velocity $=3$ months Sales ₹25,00,000 Bills receivable & bills payable were ₹60,000 and ₹36,667 respectively Sundry debtors $=?$
Answer & Explanation:
Correct Answer: Option (C)
Official answer key: (C).
Topics: Cost and Management Accounting
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