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P2 C5 ACCOUNTNG RATIOS AND ANALYSIS — Elements of Account STD 12 Commerce — Question

Gujarat BoardEnglish MediumSTD 12 CommerceElements of AccountP2 C5 ACCOUNTNG RATIOS AND ANALYSIS1 Mark
MCQ
Trade receivables means $...........$
  • A
    Credit Sales $+$ Bills payable
  • B
    Total Sales $+$ Bills receivable
  • C
    Debtors of credit sales $-$ Bills receivable
  • ✓
    Debtors of credit sales $+$ Bills receivable
✓

Answer

Correct option: D.
Debtors of credit sales $+$ Bills receivable

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