What will be the Journal entry for these transaction- Sold goods costing Rs.2

Categories >> Accounting >> Accounting General
Suggest New Category

What will be the Journal entry for these transaction-
Sold goods costing Rs.20,000 for Rs.30,000 on cash

Question Posted / chpr01

15 Answers
59233 Views
ICA, I also Faced
E-Mail Answers

Answers were Sorted based on User's Feedback

What will be the Journal entry for these transaction- Sold goods costing Rs.20,000 for Rs.30,000 ..

Answer / jayanta kurmi

Cash a/c dr
To sales a/c

Is This Answer Correct ?

9 Yes

13 No

What will be the Journal entry for these transaction- Sold goods costing Rs.20,000 for Rs.30,000 ..

Answer / sukhraj singh

cash A/C dr:3,00,000
to sales A/C:2,00,000
to capital A/C:1,00,000

Is This Answer Correct ?

4 Yes

18 No

What will be the Journal entry for these transaction- Sold goods costing Rs.20,000 for Rs.30,000 ..

Answer / legend bhai vikas👶

Debtor a/c Dr
To Sales a/c
;)

Is This Answer Correct ?

1 Yes

18 No

What will be the Journal entry for these transaction- Sold goods costing Rs.20,000 for Rs.30,000 ..

Answer / god dj h

Cash ac-
To capital ac

Is This Answer Correct ?

4 Yes

22 No

What will be the Journal entry for these transaction- Sold goods costing Rs.20,000 for Rs.30,000 ..

Answer / guest

Cash Rs20000
Credit Rs10000
To sales Rs 30000

Is This Answer Correct ?

6 Yes

27 No

Post New Answer

More Accounting General Interview Questions

what is FDI

7 Answers FactSet Systems,

Explain the Steps to Define Expenses Report

0 Answers Accenture,

What is f form and where it is used?

10 Answers ITW Signode,

Non-performing Asset (NPA)

3 Answers Bank Of America,

1. purchase of tally software is treated as assent or indirect expenses , then underwhich group it comes on tally 2. outstanding expenses is under what group in tally

8 Answers ABC,

dear i want basic a\C's oriented question. these are asking in mostly all mnc companies

0 Answers

if rs 200 has to be charged in one A/c but had been wrongly charged in another A/c.what entry will be pass to correct the entry

3 Answers

As a Manufacturer we are paying service Tax on Inwards freight and the same amount we are taking as a credit against payment of Excise duty. So,Pls clarify how to pass JV

1 Answers

Please Inform me the actual meaning & rate of C.S.T.,E.S.I.,Gift Tax,Service Tax,Excise duty,Professional Tax & Range of the same,Calculation of P.F. & F.P.F.

2 Answers

Tell me how would you define team work and communication skills in the context of account management?

0 Answers

what is accrual basis of accounting?explain in detail?

5 Answers Deloitte, Northern Trust,

what do you mean by debt equity ratio?

6 Answers

For more Accounting General Interview Questions Click Here