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In the Chapter "Ratios",In the 2nd Problem,When Computing Avg Debtor's using Equation of debt collection period,Closing debtor's is taken as avg debtors,But In the question Opening debtor's is already given,Why didn't take the average of debtors?


Asim Saif

Asim Saif

CA Inter

770

08-Feb-20 06:31

17

Answers (1)

Are you referring to Illustration 2 - Alpha Ltd.? In this, there is no information of opening debtors.


Suraj Lakhotia

Suraj Lakhotia

Admin

09-Feb-20 13:37

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