Question

From the following information, find out credit sales in the books of Mohan Traders.

Mohan Traders	Rs.
Debtors on 01-April-2013	50,000
Debtors on 31-March-2014	70,000
Cash received from debtors	60,000
Discount allowed	1,000
B/R	30,000
Bad debts	3,000

Comments

Find out credit sales from the following information
                                   1.1.96.                31.12.96

Balance debtors.       20000.               15000
 
Balance Bills receivable   6000.          8000

Cash received from customer.             99000

Discount allowed to them.                      1000

Return inwards.                                           4000

Cash received against Bills.                      14000

Bad debts.                                                         3000

Bills receivable (dishonour ).                      5000


Find out the answer

Answer 1

                  Mohan Traders Total Debtors A/c