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Question 39 of 50

Q.Closing balance of debtors ₹ 20,000, Cash received ₹ 1,40,000, Credit sales ₹ 1,20,000 Opening balance of debtors :

(a) ₹ 20,000
(b) ₹ 30,000
(c) ₹ 40,000
(d) ₹ 1,30,000
Tamil Nadu DgeTamil Nadu HSC (DGE) Commerce Board 2025MCQ· 1mImportance★★★★★
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The opening balance of debtors is ₹ 40,000, found by balancing the Total Debtors Account.

In a Total Debtors Account (Accounts from Incomplete Records, TN HSC Commerce), the debit side carries the opening balance and credit sales, and the credit side carries cash received from debtors and the closing balance:

Total Debtors A/c₹₹
To Opening balance (?)?By Cash received1,40,000
To Credit sales1,20,000By Closing balance20,000
…
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