Determine Total Sales and Total Purchases from the following information: |{:(,"Rs."),("Opening Debtors","11,400"),("Cash received","48,300"),("Dicount allowed","1,500"),("Bad Debts written off","300"),("Sales Return","800"),("Bills Receivable received","6,100"),("Closing Debtors","10,800"):}||{:(,"Rs."),("Opening Creditors","6,800"),("Cash Paid to Creditors","25,100"),("Discount recevied","300"),("Purchases return","600"),("Bills Payable issued","3,100"),("Closing Creditors","5,400"),(,):}| Additional Information : Cash Sales - Rs. 1,00,000 and Cash Pruchases Rs.- 50,000.

Determine Total Sales and Total Purchases from the following informati

1.	Determine Total Sales and Total Purchases from the following information: \|{:(,"Rs."),("Opening Debtors","11,400"),("Cash received","48,300"),("Dicount allowed","1,500"),("Bad Debts written off","300"),("Sales Return","800"),("Bills Receivable received","6,100"),("Closing Debtors","10,800"):}\|\|{:(,"Rs."),("Opening Creditors","6,800"),("Cash Paid to Creditors","25,100"),("Discount recevied","300"),("Purchases return","600"),("Bills Payable issued","3,100"),("Closing Creditors","5,400"),(,):}\| Additional Information : Cash Sales - Rs. 1,00,000 and Cash Pruchases Rs.- 50,000.
Answer» <html><body><p></p><a href="https://interviewquestions.tuteehub.com/tag/solution-25781" style="font-weight:bold;" target="_blank" title="Click to know more about SOLUTION">SOLUTION</a> :<a href="https://interviewquestions.tuteehub.com/tag/calculation-907729" style="font-weight:bold;" target="_blank" title="Click to know more about CALCULATION">CALCULATION</a> of Credit <a href="https://interviewquestions.tuteehub.com/tag/sales-25569" style="font-weight:bold;" target="_blank" title="Click to know more about SALES">SALES</a>: <br/> <img src="https://d10lpgp6xz60nq.cloudfront.net/physics_images/TSG_ACC_XI_C20_S01_017_S01.png" width="80%"/> <br/> Total Sales = <a href="https://interviewquestions.tuteehub.com/tag/cash-910172" style="font-weight:bold;" target="_blank" title="Click to know more about CASH">CASH</a> Sales + Credit Sales <br/> = Rs. 1,00,000 + Rs. 56,400 = Rs. 1,56,400. <br/> Calculation of Total Pruchases : <br/> <img src="https://d10lpgp6xz60nq.cloudfront.net/physics_images/TSG_ACC_XI_C20_S01_017_S02.png" width="80%"/> <br/> Total Purchases + Credit Purchases <br/> = Rs. 50,000 + Rs. 27,700 = Rs. 77,700.</body></html>

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