0
average debtors/credit sales X 365
Wiki User
∙ 15y ago
Add your answer:
Earn +20 pts
What is the Formula for hertz?
You find formulas down in the related links for conversion and calculation: Time period, cycle duration, periodic time to frequency in Hz.
What is the formula for period using wavelength and speed?
Period = wavelength/speed
Determine the period of y equals -3 sin x?
the period is 2pi. period is 2pi/b and the formula is y=AsinBx.
How to calculate the period of a simple harmonic motion?
by using the formula we will calculat time period of simple harmonic motion
What is the formula of period T'2?
That depends on the definition of T'2
Debtor collection period ratio?
Debt Collection Period ratio, is the year's sales which were outstanding at the balance sheet date, expresse in days. A rough measure of the days of credit that a firm's offers to its suppliers/clients. The formula is as follows: = (average debtors / turnover) * 365 Debt Collection Period ratio, is the year's sales which were outstanding at the balance sheet date, expresse in days. A rough measure of the days of credit that a firm's offers to its suppliers/clients. The formula is as follows: = (average debtors / turnover) * 365
What is Journal entry for provision for debtors?
No entry for opening debtors these are just transferred from previous period to current period.
Does credit counseling damage your credit for a long period of time?
Less than if you stay in a default or bankruptcy situation. Credit counseling teaches debtors how to effectively manage their debt. I've only personally seen credit counseling improve a person's credit. Financial education is key to moving forward.
What is Accounts receivable collection period ratio formula?
Average Colection period: Accounts Receivables divided by Average daily credit sales
What is the Formula for hertz?
You find formulas down in the related links for conversion and calculation: Time period, cycle duration, periodic time to frequency in Hz.
How do you calculate Average credit period?
average credit period
Is there a look back period for debtors to file a judgment on a person alone?
Your question makes no sense. Debtors do not file judgments. Creditors seek judgments and courts file them.
What does the final balance on a sales ledger control account represent?
it represents the amount that trade receivbles owe to the business at the end of the financial period (dr balance) credit balance represents the amount that the business owe to the debtors (minority balance)
Assuming that sales do not change what happens on the balance sheet as the collection period increases?
debtors increase
What is Debtors collection period?
The average amount of days after making a sale before receiving cash. DCP = Receivables/Average sales per day or DCR = (average debtors/turnover)*365
What is the formula for the payback period?
Formula for the Payback Period. Payback period = Initial investment / Annual Cash inflows
Why a creditors prefer the debtors who sign a note receivable?
Creditors prefer it because in this way they don't have to wait until the end of credit period time for their money to be received instead of that they get the note receivable and they can use that note in case of emergency to fulfill their needs.
