Illustrations · Q6
Q.From the following, find the Credit Sales and the Total Sales for the year: Debtors on 1 April 2024 ₹15,000; Cash received from debtors during the year ₹1,20,000; Discount allowed to debtors ₹2,000; Bad debts written off ₹1,000; Sales Returns ₹3,000; Bills Receivable received from debtors during the year ₹5,000; Debtors on 31 March 2025 ₹18,000; Cash Sales during the year ₹20,000.
Andhra Pradesh BieapTextbookSubjectiveImportance★★★★★est
45% · 9/20 Questions
You're viewing a preview — the full solution, concept, methods & PYQ mapping are locked.
Start your 14-day free trial to unlock the full solution →Total Debtors Account
| Dr — Particulars | Amount (₹) | Cr — Particulars | Amount (₹) |
|---|---|---|---|
| To Balance b/d (Opening Debtors) | 15,000 | By Cash A/c (received from debtors) | 1,20,000 |
| To Credit Sales A/c (balancing figure) | 1,34,000 | By Discount Allowed A/c | 2,000 |
| By Bad Debts A/c | 1,000 | ||
| By Sales Returns A/c | 3,000 | ||
| By Bills Receivable A/c | 5,000 | ||
| By Balance c/d (Closing Debtors) | 18,000 | ||
| Total | 1,49,000 | Total | 1,49,000 |
Unlock everything free for 14 days
- Full step-by-step solutions
- Concept-first explanations
- Methods, shortcuts & mistakes
- PYQ mapping + timed mock tests
Full access for 14 days. No credit card required.