Sold goods for cash worth rs. 20 000

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DK Goel Solutions Class 11 Chapter 6 Accounting Equation

WebApr 1, 2016 · Problems 5: 1 st January, 2024, Saeed Ahmad started business other transactions for the month of June as follows:. 02. Purchased from Kareem goods of list … WebGoods costing Rs 40,000 sold at a profit of 20% for cash +48,000 -40,000 +8,000 : 1,22,300 ... 'A' commenced his cloth business on 1st April, 2011 with a capital of ₹ 3,00,000. On … green cross gateway https://prominentsportssouth.com

Journalise the following transactions in the books of Sanjay …

WebApr 13, 2024 · 1. Commenced business with cash of ₹ 5, 00,000. 2. Purchased equipment for cash ₹ 2, 00,000. 3. Purchased furniture worth ₹50,000 on credit from IndiMart. 4. … WebNov 23, 2024 · (a) Started business with cash ₹ 1,00,000. (b) Purchase goods for cash ₹ 20,000 and on credit ₹ 30,000. (c) Sold goods for cash costing ₹ 10,000 and on credit … WebMay 1. Ankit commenced business with cash 20,000 and machinery Rs. 40,000. May 3. He bought goods from Rani 15000 on credit. May 4. Sold goods for cash to Mr. Bajaj worth 10,000 May 10. Sold goods on credit to Mr. Naidu for 13,000 May 12. Received commission 1000 May 18. Received from Mr. Naidu 13,000 May 21. Paid salaries in cash 8,000 May 23 … green cross gas

Fma financial and management accounting assignments

Category:Journal Entry for Goods Sold Goods Sold in Journal Entry

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Sold goods for cash worth rs. 20 000

DK Goel Solutions Class 11 Chapter 6 Accounting Equation

Web(a) Started business with cash ₹ 1,00,000. (b) Purchased goods for cash ₹ 20,000 and on credit ₹ 30,000. (c) Sold goods for cash costing ₹ 10,000 and on credit costing ₹ 15,000 … WebPurchased from Kareem goods of list price of Rs. 6,000 subject to 10% trade discount by cash. 04. Sold goods to Din Muhammad Rs. 800 and cash sales of Rs. 200. 10. …

Sold goods for cash worth rs. 20 000

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WebJournalise the following transaction: Commence business with Cash Rs. 50,000. Medium. View solution. >. Journalise the following transaction: Ambuj, a debtor for Rs. 10,000 has … WebJournal Entry for Purchasing Goods. Q: What is the journal entry for the following? Purchased goods from KJ Mehta for cash: 5,000 Rupees. (Rupees = Indian currency) A: …

WebStarted business with cash ₹ 1,20,000 (b) Purchased goods for cash ₹ 10,000 (c) Rent received ₹ 5,000 (d) Salary outstanding ₹ 2,000 (e) Prepaid Insurance ₹ 1,000 (f) Received … WebCost of goods sold is Rs. 40,000. Sold on cash 20% of profit Rs. 40,000 × 20100 = Rs. 8,000. Selling price = Rs. 40,000 + Rs. 8,000 ... 2011 with a capital of Rs. 3,00,000. On 31st …

WebJul 20, 2024 · Sold goods of 50000 at 10% trade discount and 10% cash discount to raj and received 50% by cheque and 20% on cash Journal entry See answers ... ational Defence … Web3.6K views, 162 likes, 4 loves, 37 comments, 5 shares, Facebook Watch Videos from Commonwealth Picker: Sick and Tired of Ebay Resellers Saying This

WebHere you can find the meaning of Pass journal entry for the following : (1) Received order for Rs 20,000 from kumar for supply of goods and received Rs 12,000 as an advance together with the order. (2) Goods worth Rs 20,000 supplied to kumar against the order and advance previously received from him. defined & explained in the simplest way ...

Webem Green * House tSTAURANT, nd 14 Sooth Pratt Strwt, •« W«t .r M»ltb, BMW.) BALTIMORE, MO. o Roox FOR LADIES. M. tf tional Hotel, 'LESTOWN, PA., I. BimE,ofJ.,Pwp1. floyd mayweather gym costWebJun 1, 2024 · Question . Sold goods worth list price of Rs.8,000 at 10% trade discount and 2% cash discount. 25% received at the time of transaction only. The amount posted to … green cross genetics lab ahmedabadWebSee Page 1. 8 Type your answer b. XYZ send goods worth Rs.1,00,000 to Y on consignment basis at 20% above the cost price. The goods are sold by the consignee on a mark-up of 15% on invoice price. Find the total mark-up % over the cost price of the goods. 4 Type your answer 4. a. Following are the particulars of M/s. greencross gnetWebThe United States dollar ( symbol: $; code: USD; also abbreviated US$ or U.S. Dollar, to distinguish it from other dollar-denominated currencies; referred to as the dollar, U.S. … green cross genetics lab pvt ltdWebFeb 25, 2024 · (g) Received interest Rs. 700 (h) Sold goods for cash (Costing Rs. 5,000) Rs. 7,000 (i) Goods destroyed by fire Rs. 500 Answer: Question 6. Show that accounting … floyd mayweather grandson boxingWebBought goods for cash of the list price of ₹ 80,000 at 10% trade discount and 2 1 2 % cash discount. 5 : Sold goods for cash of the list price of ₹ 1,00,000 at 15% trade discount and … floyd mayweather größeWebFor example, on January 1, we have sold $5,000 of goods for cash. This $5,000 of the goods sold had an original cost of $3,000 in the inventory account. And we use the perpetual … floyd mayweather going broke