DEPARTMENT OF TECHNICAL

EDUCATIONANDHRAPRADESH
Name : N. USHA RANI
Designation : Lecturer
Branch : Commercial & Computer
Practice (CCP)
Institute : GPW/Guntur
Year/Sem : III Sem
Sub-Code : CCP-302
Subject : ACCOUNTANCY-II
Topic : AVERAGE DUE DATE
Duration : 50 minutes
Sub Topic : Problems on A.D.D
Teaching Aids : PPT, ANIMATIONS
CCP102.9
Objective

At the end of the period, you would be able to:

 Prepare Average Due Date using different

procedures

CCP102.9 2
Recap
You have so far learnt Calculating Average Due Date
When due dates of different debts are known.
 When due dates are given

 When bills payable after so many months after

date
 When due dates of different bills are drawn on
one single date
 Calculating due dates in case of Holiday.

CCP102.9 3
Exercise
The following are the transactions between X and Y
Find Average Due Date

1.07.07 Due from 2000

11. 7.07 Y 3000
03. 7.07 Sold Goods to Y 2500
14. 7.07 Cash Received by Y 1500
11. 7.07 Sold Goods To Y 4000
Sold Goods To Y

CCP102.9
Solution
Calculation of Average Due Date Base Date
01.07.07
Sl Due Amount No.of Days Product
no Date From Due Date
1 1.7.07 2,000 0 0
2 11.7.07 3,000 10 30,000
3 3.8.07 2,500 33 82,000
4 14.8.07 1,500 44 66,000
5 11.09.07 4,000
________ 72 2,88,000
________
13,000 4,66,500

CCP102.9
 Average Due Date = Base Date + _________
product
amount
= July + __________
4,66,500
13,000
= July + 35.88 days
= July + 36 days
 Average Due Date = 6th August ,2007

CCP102.9
Exercise
Calculate the Average due Date from the
Given Transactions
01.01.07 Amount Due by B to A 5000
18.01.07 Sold good to B
(Due on 18.2.07) 6000
21.02.07 Cash received by B from A
Sold goods to B 10000
13.03.07 (Due on 15.04.07)
Cash received by B 7000
19.04.07 From A
4000
CCP102.9
Solution
Calculation of Average Due Date Base Date 01.01.07

Sl Date Amount No.of Days Product

no from Due date
1 01.01.07 2,000 0 0
2 18.02.07 6,000 48 2,88,000
3 21.02.07 10,000 51 5,10,000
4 15.04.07 7,000 104 7,28,000
5 19.04.07 4,000
_________ 108 4,32,000
_____________
29,000 19,58,000

CCP102.9
 Average Due Date = Base + products
_________
amount
= 1st January + 19,58,000
_________
29,000
= 1st January + 67.52
= 1st January + 68 days

 Average Due Date = 10th march , 2007

CCP102.9
Summary
We have discussed about various cases of calculation
of Average Due Date with examples.

CCP102.9 10
Quiz
(1) Grace period of 3 days added to bills on
Average Due Date.

(a) Correct
(b) Not Correct
(c) Some what correct

(d) None of the above

CCP102.9 11
Frequently Asked Questions

(1) What is the procedure to calculate Average Due

Date?
(2) What are the or steps involved in calculation of
Average the Due Date

CCP102.9 12