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If the closing balance of receivables is less than the opening balance for a month then which one is true out of the following.?

<p><strong>(a)Collections&gt;Current Purchases, </strong></p> <p><strong>(b)Collections&gt;Current Sales,</strong></p> <p><strong>(c)Collections&lt;Current Purchases, </strong></p> <p><strong>(d) Collections &lt; Current Sales</strong></p>

Accounting Cost Accounting Financial Accounting Financial Management Bank Accounting
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Question added by VENKITARAMAN KRISHNA MOORTHY VRINDAVAN , Project Execution Manager & Accounts Manager , ALI INTERNATIONAL TRADING EST.
Date Posted: 2014/11/25
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Ankit Mittal
by Ankit Mittal , Accountant , SHRI VINAYAKA REALTECH PVT LTD

Collections>Current Purchases,

Mohamed Badawi
by Mohamed Badawi , Senior Financial Analyst , The Commercial Real Estate Co.

B

Saleem Khatri
by Saleem Khatri , Head of Finance , Berger Paints International

Answer is (b)

Heziel defuntorom
by Heziel defuntorom , Visual Merchandiser , Landmark Group

b

Malik Khalid Mahmood
by Malik Khalid Mahmood , Regional Finance Manager , Leosons International FZ LLC

b) Collections  > Sales

Ahmad Shahzad Ali
by Ahmad Shahzad Ali , Manager Accounts , SJ Logistics (AOP) Lahore, Pakistan

b

Bilal Naeem
by Bilal Naeem , Assistant Manager Assurance , RSM Bahrain

Yup, pretty straight forward, Option "b"

Asim Azaldeen Abdalrahman Mhammed
by Asim Azaldeen Abdalrahman Mhammed , Property Manager , TAAM PROPERTY

B is the corect

Khaled Mohee Eldeen Abbas Mahmoud
by Khaled Mohee Eldeen Abbas Mahmoud , Chartered Accountant # 10465 , Self-employed

the answer is B

Ali Zia
by Ali Zia , Group Chief Financial Officer , Cresset Strategic Partners Pvt Limited

B

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