Sold goods for cash worth rs. 20 000

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. … WebGross Profit is represented as. Sales-Cost of Goods sold=Gross Profit. Assuming sales is Rs.100, than gross profit is Rs.20. Cost of goods sold represent 80% of the sales. In the …

Pass journal entry for the following : (1) Received order for Rs …

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 … 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 … grant for artists 2022 https://aladinweb.com

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WebJun 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 … WebNov 4, 2024 · Deposited Rs 3,00,000 into the bank. Purchased office furniture for Rs 50,000 and made payment by cheque. Purchased goods worth Rs 40,000 for cash and for Rs … WebThe 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. … chip anonym surfen kostenlos

Solved Exercise 1 journal entries On April 01, 2024 Anees - Chegg

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Sold goods for cash worth rs. 20 000

Recording Of Transactions – I – Accounting Equation Solutions

WebBought 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 … WebFor 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 …

Sold goods for cash worth rs. 20 000

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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. Purchased raw materials for ... WebProblem 1: On April 01, 2016 Anees started business with Rs. 100,000 and other transactions for the month are: 2. Purchase Furniture for Cash Rs. 7,000. 8. Purchase …

WebSold goods for cash of the list price of Rs.8,000 at 10% trade discount and 3% ... 2013 with a capital of Rs. 6,00,000. On 31st March, 2014 his assets were worth Rs. 8,00,000 and … Webwhich also provides for a two per cent use tax on goods Secret Service More Cautious The film reportedly attempts Parker nearly IOO persons had' regis- ward and William R …

WebThe 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. dollar, American dollar, or colloquially buck) is the official currency of the United States and several other countries. 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

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: …

WebMr Johnson sold goods to Mohan (within the state ) rupees 200000 trade discount 10% and cash discount is 5% on prompt payment . Mohan paid the 50% amount at the time of … chip antivirus 2021WebHere 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 ... grant for ashpWebApr 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. … grant for a small businessWebWe would like to show you a description here but the site won’t allow us. chip anoy middles commercialWebFeb 9, 2024 · To cash A/c. 7,600 To Discount Received A/c. 400 (Being Goods purchased and Discount Received) WORKING NOTES : Given, purchased goods worth Rs. 10,000 less … grant for a stairliftWebPrepare the Accounting Equation on the basis of the following: (6) i) Started business with cash Rs 35,000. ii) Credit purchases of goods Rs 9,000. iii) Payment made in the full … grant for asthmaWebm • M. 7 13 7 31 S CO if oO 7 III 7 So S 15 8 !."> K 20 S 30 S 41i S -H S -Jl. S UM S 67 •J 00 U "I 9 ~7 ... for $200 cash. Mr. JJdchariah Towel sold hu> property t Mrs. Wiu. Gulli&ou ... . ta W. THE greatest Cloai'ing Sale Ever held in Getfcysbui'g Will be Continued Until every Dollars' worth of Winter Goods Of every kind Is ... grant for autistic child