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 / neeraj
Rs 1000 becuase he has already got the payment of mobile
750 rs so he have to face the loss of 1000 Rs which note
was fake
| Is This Answer Correct ? | 1 Yes | 2 No |
Post New Answer View All Answers
Hi,Friends, I have a simple question in my mind that I have one head office that in faridabad and other branch in delhi,i purchase material in delhi for availing the tax benefit in delhi then i transfer the same material to head office(faribabad) agianst "F" form,i purchased material in delhi basic price rs. 5 +.42 taxes it comes rs. 5.42/-,my question is on which amount i should transfer the material from delhi to faridabad i.e 5,5.42 or 5 + freight(if any).kindly please solve my problem.
What does overhead mean in regards to accounting?
what are the steps for the payment cycle of the firm or company?
Can share warrants issued by the company be considered as potential equity shares? If yes, then will it be considered for calculating dilutive EPS?
Tell us what is a cpa?
what is apply SI post
Tell me deferred taxation is a part of which equity?
what is the responsiblities for accounts manager?
Please explain the difference between provision and reserve?
1. The following data is available. Determine the Break Even point in Sales: Sales : $1,800,000/- Fixed Expenses : $ 375,000/- Variable Expenses : $ 1,200,000/-
how to calculate the per unit cost of production
as per partnership deed, salary to working partner is rs 8000/ per month (96000 annually), suppose if i have book profit of rs 50000/ only,then what is the procedure to give salary
what is balance sheet, capital budgeting, financial statements, current ratio, profit maximization?
When a company s accounting year-ends on a day that is other than the end of the calendar year what is called in accounting?
Define social responsibility accounting