Interested to Buy Any Domain ? << Click Here >> for more details...
The following are the transactions with respect to goods
traded by Gopal-
i) Purchased goods worth Rs.50,000 on 1-1-2005 for cash
ii) Sold goods costing Rs.20,000 for Rs.30,000 on cash
iii) Bought goods Rs.45,000 from Suresh & Co on credit
iv) Paid Rs.30,000 to Suresh who gave us a discount of Rs1,000
v) Sold goods Rs.23,000 but their cost is Rs.12,000 for cash
vi) Sold goods to Gangadhar for Rs12,000 on credit,(cost Rs
9000)
vii) Received cash from Gangadhar Rs.11,500 in full settlement.
viii) Paid carriage charges on the goods purchased Rs.2,000.
Find out the closing stock as on 31 -1-2005. Also, find how
much is still due to Suresh?
- 14 Answers
- 20753 Views
- ICA, I also Faced
- E-Mail Answers
Answer Posted / sukavani
TK U Vaibhav FOR CLARIFICATION THIS QUESTION
| Is This Answer Correct ? | 0 Yes | 0 No |
Post New Answer View All Answers
Do you know what is icai?
How does accounting contribute to the community?
The following are the list of Balances of SUNSHINE Company as at 1.2.2012 RM Land and building 450,000. Furniture and Fittings 35,000. Office Equipment 25,000. Motor Vehicles 75,000. Inventory 5,000. Trade Receivables 12,000. Trade Payables 8,000. Bank Loan 200,000. Bank 13,000. Cash in Hand 1,000. Capital 408,000.
If there is an excess amt of TDS paid under the head TDS on contractor, then how it can be shown in Annexure of TDS return?
what is lease accounting?? please explain me....
6. What is the amount of Simple Interest on $ 1,500 for 90 days at 6% interest (year is 360 days)?
WHEN WILL SBI DECLARE THE RESULTS OF INTERVIEWS OF CLERICAL CADRE HELD IN APRIL-MAY 2010?
Explain have you ever heard about tds, what it is?
what is cost center & cost categories in tally
Re: CST RATE IS 1 % IF C FORM IS RECEIVABLE. IF C FORM IS NOT RECEIVED FULL AMOUNT WHAT WILL BE THE RATE OF CST
What is meant by daily accrual and booking?
Which steps in Procurement to Pay process does FI documents get created.
How can you explain the basic accounting equation?
WHAT ELEMENTS OF YOUR JOB JNTEREST YOU THE MOST AND LEAST?
What do we mean by Redemption of shares and debentures?
