Question No: 33 ( Marks: 1 ) - Please choose one
The balance sheet reported a beginning balance of Rs. 20,000 in Accounts Receivable and an ending balance of Rs. 15,000. Credit Sales of Rs. 200,000 were made during the year. Using this information, compute cash collected from customers.
► Rs. 205,000
► Rs. 215,000
► Rs. 195,000
► Rs. 200,000
Plz solve this and explain with full calculations. Thanks.
--
Mehreen Humayun
DL Student, 1st Semester.
MBA.
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