
Question No 32 Chapter No 19
32. From the following information, calculate Total Sales made during the period:
| Debtors as on 1st April, 2017 | 20,400 |
| Cash received from debtors during the year as per Cash Book | 60,800 |
| Returns Inward | 5,400 |
| Bad Debts | 2,400 |
| Debtors as on 31st March, 2018 | 27,600 |
| Cash Sales as per Cash Book | 56,800 |
Debtors Account
| Liabilities |
Amount | Assets | Amount | ||
|---|---|---|---|---|---|
| Balance b/d | 20,400 | Cash A/c | 60,800 | ||
| Sales A/c | 1,200 | Sales Return A/c | 5,400 | ||
| Bad-Debts A/c | 2,400 | ||||
| Balance c/d | 27,600 | ||||
| 96,200 | 96,200 | ||||
| Total Sales | = | Cash Sales + Credit Sales |
| Total Sales | = | 56,800 + 75,800 |
| = | 1,32,600 |
https://tutorstips.com/final-accounts/
https://tutorstips.com/profit-and-loss-account/
https://tutorstips.com/balance-sheet/
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Accounting & Commerce Educator
Sarbjit Singh holds a B.Com and M.Com degree and has over 12 years of teaching experience in double entry bookkeeping, financial accounting, and business studies.
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