2024 Sold goods for cash worth rs. 20 000

Sold goods for cash worth rs. 20 000

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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 … WebPurchased goods for cash Rs 20,000 and Credit Rs 30,000. 3. Sold goods for cash 40,000, costing 30,000. 4. ... 2013 with a capital of ₹ 6,00,000. On 31st March 2014, his assets were worth ₹ 78,00,000 and liabilities ₹ 50,000. ... Question 20. Goods costing ₹ 10,000 have been sold for cash at 25% profit.

MCQs for Accountancy Chapter 3 Recording of Transactions – I

Web5. Purchased Goods from Mohan on credit Rs.80,000 at 10% Trade Discount. 9. Sold goods to Urmila Rs. 30,000 at 5% Trade Discount. 12. Paid into Dena bank Rs.40,000. 15. Goods … 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 … find files and folders in windows 11

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

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 … WebPrepare 'Accounting Equation' from the following : (a) Started business with cash Rs.1,00,000. (b) Purchased goods for cash Rs.20,000 and on credit Rs.30,0... WebJan 15 Bought goods from Amit for Rs. 2,00,000 at terms 5% cash discount and 20% trade discount. Paid 3/4th of the amount in cash at the time of purchase. Jan 18 Sold goods to … find file manager windows 10

NCERT solutions for Accountancy Financial Accounting 1 Class 11 …

Prepare Accounting Equation from the following:i Started …

WebPrepare 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 … 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 … find file in subfolders linuxWebJul 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 … find file in shell script

"WebSee 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. " - Sold goods for cash worth rs. 20 000

Sold goods for cash worth rs. 20 000

What is the journal entry for sold goods worth rupees …

WebNov 24, 2024 · Solution: Question 6. Journalise the following entries: (i) Goods worth ₹ 500 given as charity. (ii) Sold goods to Mayank of ₹ 1,00,000, payable 25% by cheque at the … WebApr 11, 2024 · 413 views, 4 likes, 7 loves, 90 comments, 1 shares, Facebook Watch Videos from Slam 101.1 FM Barbados: MORNINGS ON SLAM - WDYC - TUES, APRIL 11, 2024

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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. … 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 …

Web9. Purchased goods for Cash Rs. 2,00,000 @28% GST amount paid by NEFT. 12. Sold goods to Aditya RAy of Rs. 90,000 @28% GST. 15. paid for Rent Rs. 5,000 and Salary Rs. 18,000. … 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: …

WebLast June the hull and m achin ery of the stripped-down, 20.000- ton ship were auctioned off to the firm of Lipsett, Inc , for $561,133 Public Works Bill Goes to The President Water … 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 ...

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 …

Web6. Goods costing ₹40,000 sold at a 20% profit for cash +48,000 – 40,000 +8,000 1,22,300 5,000 16,000 36,000 1,07,300 Working Note: Cost of Goods Sold = 40,000 Add: Profit 20% … find file pythonWeb(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 … find files by name only on my computerWebMay 19, 2011 · December 8, he sold goods for cash Rs. 60,000. 5. December 10, he purchased furniture and paid by cheque Rs. 50,000. 6. ... The proprietor has taken goods worth Rs. 5,000 for personal use and additionally distributed goods worth Rs. 1,000 as samples. (e) ... 20 18. 19. Total Sales (Rs. in ‗000) Total Costs ... find file or directory in linuxWebMar 7, 2010 · Rs. 1. Mr. A commenced business with cash 70, 2. Purchased goods on credit from Mr. B 14, 3. Paid wages 500 4. Paid to Mr. B 10, 5. Purchased furniture 1, 6. Goods stolen by the Store-keeper 200 7. Received commission 100 MODULE - 1 ##### Business Environment. Notes DIPLOMA IN INSURANCE SERVICES 17 th January, 1997 Cash … find file path macWebGross 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 … find filename bashWebPurchased 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. … find files by name linuxWebJournalise 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 … find file path python