Explanation:

GIVEN: A firm makes credit revenue from operations of Rs 2,40,000 during the year. If the trade receivables turnover ratio is 8 times, What if the closing debtors are more by Rs 6,000 than the opening debtors :

trade receivale turnover ratio = credit revenue from operation = 8 times

                                                    average trade receivales

                                                =  Rs 2,40,000  = average trade receivables

                                                             8

                                                = Rs 30,000

let closing trade receivable = X 

Let opening trade receivable = X +  Rs 6,000 

average trade receivales = Opening Trade receivales + Closing Trade receivales / 2

                                          =  X + X +6000 = Rs 30,000

                                                      2

                                         = 2X + 6000 =  Rs. 30,000 * 2

                                         =2X + 6000  = Rs. 60,000

                                    2X = Rs. 60,000- Rs.6,000

                                          X= 54,000/ 2

         OPENING STOCK  X =  Rs. 27,000

          CLOSING STOCK     = X + Rs. 6000

                                             = Rs. 27,000 + 6000

                                             = Rs. 33,000