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
- 20288 Views
- ICA, I also Faced
- E-Mail Answers
Answer Posted / arju
Dear Vaibhav u r wrong
| Is This Answer Correct ? | 1 Yes | 0 No |
Post New Answer View All Answers
can any one send me tally professional version link
what will be the treatment of preliminery expenses if due to preliminary expenses being written off there results a loss?
how to pass this entry in tally? Dear Sir, I have just started learning tally . I am practicing tally. and I am following 11th Std book for practicing. Please help me with the following entry. I know dr and cr part but having problem in grouping. Please Help. Introduced goods of Rs 10,000, cash Rs 15,000, furniture Rs 5000, debtors of Rs 1000 and commenced business. What will be the entry and group for each ledger. Please Help.
Explain me some of the examples for liability accounts?
How to post salary advance transfer from one branch to another branch ?
What we have to post entry for payroll processing ? (Indian payroll)
MEANING OF RED HERRITING
are tpt, freight & packing charges part of sales & purchase ??
SOLD GOODS WORTH 5000 TO AKBAR WHO PAID 3000 ON ACCOUNT
What is the difference between Accruals and Provisions?
What is the difference between trial balance and general ledger?
Can you name any other accounting application?
What are trade bills?
What is a contra entry
What are the items that are to be debited in accounting and what are the items that are to be credited in accounting?
