Calculate opening and closing trade receivbables from the following information if trade
Channel: Doubtnut
Date: 2020-04-05

Calculate opening and closing trade receivbables from the following information if trade receivables trunover ratio is 3 times (i) Cash revenue from operation s is `1//3rd` of credit revenue form operations (ii) Cost of revenue form operations Rs 240000 (iii) Gross profit 25% on cost of revenue from operations (iv) Trade receivables at the end were 3 times more than that of in the beginning.