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
Explain what is account receivable?
Plant and machinery destroyed for 50000
What is the disadvantage of double entry system?
what is a grn in terms of accounting ? what is a grnthroughpo in terms of purchase order? what is a direct grn?
What is depreciation and how many types are there. Please give details?
What are trade bills?
Pls let me know Job profile for Account Manager.
we have registered to MCCIA(Maratta Chember of Commerce Ind & Agri.).They given a Tax Invoice against this registration with charging service tax@10.3%.can we take credit of this service charge ?
How will I post entries to Tally If I purchased a Car in Loan. The principal Amount = 62930 Interest = 6846 Total = 69776 We have to pay Rs 1191 every month for 4 years which include Principle amount and interest. how can I post the monthly entries to tally
What's the accounting entry when an Invoice is created in AR?
Tell us what kind of work environment do you prefer?
capital goods purchased from Singapore. payment made by bank in rupees. but the invoice value is in USD, How to make purchase entry in tally?
A company purchase goods Rs.2000/- & input vat received rs.100/- but at the time he sold goods 1000/- as a sales & 1000/- as a sock transfer. plz tell me how much take input claim in this case.
What have you read in the newspapers in the last few days that particularly interested you?
What is a cpa?