one customer visit the showroom of phones and purchased the
phone of Rs 750 and gave the 1000 rupees note the showroom
executive didn't have the change so he take the change from
next to his showroom's shop then he deliver the phone to
customer with the change of rs 250.and customer went with
both after sometime the shop owner of next to showroom who
gave the change of Rs 1000 with angry and told the showroom
executive that the note you give it to me is fake! so
showroom executive gave him Rs1000 to him.so my(question) is
how much the showroom executive faced the loss on this
transaction.
Answer Posted / guest
Answer is 1000+250=1250
Is This Answer Correct ? | 2 Yes | 4 No |
Post New Answer View All Answers
What is journalizing? What are the columns of a journal?
what are the extraordinary items?
how will rectify the error in trial balance.
What is tds and how it is calculated?
Tell me how much statistics knowledge is necessary or required in accounting?
How Can We Justify the,Real A/C & Nominal A/C?
What are source documents in accounting?
Alex’s Trial Balance at 31 December 2015 Dr (BWP) Cr (BWP) Capital 18 240 Bank overdraft 3 000 Fixtures and fittings 14 100 Provision for depreciation-fixtures and fittings 8 800 Inventory 14 200 Trade receivables 12 300 Trade payables 9 900 Revenue 110 000 Purchases 51 000 Discount received 1 800 Wages and salaries 26 000 Sundry expenses 34 000 Discount allowed 620 217 540 ======= 86 420 ======== Required: i Prepare the corrected trial balance at 31 December 2015. (7 marks) ii Show any difference you find as a balance on an appropriate account.
what is the difference between profit center area and business are.? please make me clear.
what is a state cheque? how it differes from stale cheque?
How do you classify errors in accounting?
WHAT IS THE DEFINATIN OF IDENTICAL GOODS AND SIMILAR GOODS? WITH EXAMPLE?
What are the 4 types of ppe?
Entry for revenue item will be Expenses A/C Dr to Cash. But in the Profit and Loss account we will see the expenses with a pre fix of To Expenses Why?
i need clarification about tds will be calculate before deductions or after deductions on gross salary+incentive