From the following information calculate opening and closing trade receiva
Channel: Doubtnut
Date: 2020-04-05

From the following information calculate opening and closing trade receivables , if trade receivables trunover ratio is 3 times: (i) cash revenue from operations is `1//3rd` of credit revenue from operations (ii) cost of revenue from operations is Rs 300000 (iii) Gross profit is 25% of the revenue from operations (iv) Trade receivables at the end are 3 tiems more than that in the beginning