What will be the Journal entry for these transaction-
Sold goods costing Rs.20,000 for Rs.30,000 on cash
- 15 Answers
- 57079 Views
- ICA, I also Faced
- E-Mail Answers
Answer Posted / 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 |
Post New Answer View All Answers
Tell me what are the three factors that can affect your cash flow and business profitability?
Tell me about a situation where you showed determination?
IN VAT INVOICES DISCOUNT ALLOWED OR NOT
Tell me what does the standard journal entry includes?
difition of reserve & surplus
How the Entry passed for Loss of Payment
What is the difference between Open Items and Reconciling Items on a Balance Sheet Reconciliation?
How to prepare HSD statements in tally
How does Cheques work while processing it in SAP? What are the effects and the methods.
What do we mean by Redemption of shares and debentures?
What are the accounting events that are frequently involved in compound entries?
how to pass interest on security entries and salary payable entries in tally and how to maintain e-commerce company account please revert me ASAP its needful for me
WHAT IS THE VAT/CST RATE FOR PURCHASING COMPUTER/PHERIPHERALS FROM GUJARAT AGAINST C FORM, FOR DIU (UNION TERRITORY) AND WHAT RATE OF VAT/CST I HAVE TO PAY IN DIU FOR SALE.
What is reversing journal entries?
What is batch input? why we use batch input session in SAP(FICO)?
