Calculate opening and closing trade receivables from the following information:
Channel: Doubtnut
Date: 2020-03-29

Calculate opening and closing trade receivables from the following information: Cash revenue from operations= `1//3rd` of credit revenue from operations Cost of revenue form operations=Rs 360000 Gross profit =25% of revenue from operations Trade receivables at the end were 3 times that of in the beginning Trade receivables Turnover Ratio 3 times.