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-20. From the following information, calculate Average collection period:Rs. 37,000Rs. 43,000Opening DebtorsClosing DebtorsSales: Rs. 6,00,000Cash Sales: Rs. 80,000 |
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Answer» First sum the given data _ 37000+43000+600000+8000=760000.And now divide _ the sum of given data÷number of data=190000 |
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