Calculate amount of opening trade receivables and closing trade receivables from the follwing figure
Channel: Doubtnut
Date: 2020-03-29

Calculate amount of opening trade receivables and closing trade receivables from the follwing figures: Trade receivables turnover ratio, 4times cost of revenue form opertion (cost of goods sold),Rs 640000 gross profit ratio, 20% Closing trade receivables were rs 20000 more than in the beginning cash sales being `33(1)/(3)%` of credit sales.