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Credit Purchases Rs. 6,00,000, Trade Pay...

Credit Purchases Rs. 6,00,000, Trade Payables Turnover Ratio 5, Calculate closing creditors, if closing creditors are Rs. 10,000 less than opening creditors.

A

Rs. 1,15,000

B

Rs. 1,25,000

C

Rs. 1,30,000

D

Rs. 1,10,000

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The correct Answer is:
A
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