| Net Credit Purchases | Rs. | 1,00,000 |
| Creditors | Rs. | 20,000 |
| Bills Payable | Rs. | 5,000 |
Based on IGNOU Accounting Solution and others
Solution:
Q51084g From the following information calculate the credit turnover ratio:
| Net Credit Purchases | Rs. | 1,00,000 |
| Creditors | Rs. | 20,000 |
| Bills Payable | Rs. | 5,000 |