What will be the Journal entry for these transaction-
Sold goods costing Rs.20,000 for Rs.30,000 on cash
Answers were Sorted based on User's Feedback
Answer / suraj
Cash a/c 30000
To, sales a/c 20000
To, P/L a/c 10000
| Is This Answer Correct ? | 93 Yes | 24 No |
Answer / accountant
cash a/C DR 30000
TO sales a/c 30000
for goods sold cvosting rs 20000 for sold rs 30000 on cash
| Is This Answer Correct ? | 126 Yes | 73 No |
Answer / saurabh chauhan
cash a/c ------- dr. rs 30000
to sales a/c rs 20000
to p/l (profit) a/c rs 10000
| Is This Answer Correct ? | 20 Yes | 8 No |
Answer / ajay shah
Cash A/c Dr. 30000
To Profit on sales A/c 10000
To Sales A/c 20000
| Is This Answer Correct ? | 8 Yes | 5 No |
Answer / shankar
Cash ac -20000
To sale ac-30000
To profit ac-10000
| Is This Answer Correct ? | 2 Yes | 2 No |
Answer / chartered accountant
Cash A/C Dr. Rs. 20000
Profit and Loss A/C Dr. Rs. 10000
To Sales A/C Rs. 30000
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / givens tharu
cash a/c Dr. Rs30000
To sales a/c Rs30000
(Being goods costing Rs20000 sold for Rs30000)
| Is This Answer Correct ? | 0 Yes | 1 No |
I have received 75000/- as retainership fees from ABC company but they have deducted TDs 10% and send me 67500/- my question is that what entry i have to pass in my books please help me
How much statistics knowledge is necessary or required in accounting?
general entry for credit purchases, credit sales, golden rules of accounting,what is contribution.
Purpose for maintained RG 23a Part II & RG 23c PArt II? give brief discussion....
what is Goodwill? What kind of Asset for the company?
6, state with reasons wheather the following items are capital expenditure or revenue expenditure i, A factory building was constructed at a cost rs 1500000 a sum of rs 64000 were incurred for the construction of huts for storing building materials ii, rs 5000 paid for removal of stock to a new site iii, expenses incurred in connection with obtaining a license to start the business were rs 15000
if salary is paid what will be entry? If it is given on advance? If it is paid on delay
Expand ctc cheque?
On what basis you will define accounting structure
3 Answers CMA CGM, Genpact, Meru Cabs,
whether allowances will be included in calculating esi from gross salary
What is tally accounting?
what is difference cash flow and fund flow with example