If a company purchase the goods for rs. 100 and intends to
Sell it for 200.
What is the journal entry for this?
Answer Posted / shahabuddin
cash a/c dr
to profit/loss a/c
to sales a/c
| Is This Answer Correct ? | 0 Yes | 0 No |
Post New Answer View All Answers
what is the procedure of interview question in genpact
What is difference between cash flow and funds flow?
diffrence between the profit center and business area
What is combination?
Sensitive field have been defined and customized for vendor master data. For which of the following sensitive fields will an update trigger dual control?(any 1 answer) Currency Account group IBAN VENDOR ACCOUNT NUMBER
After Posting the Document in SAP FICO Using the sort key then where we can see the sort key in SAP
In Pricing the gallons of petrol sold,service station 'A' follows the first-in-first-out method,while service station'B'follows last-in-first-out method.On 1st January both has the same quantity in stock viz.6,000 gallons at Rs.26 per gallon.During the month,each station recieved additional supplies of 6,000 gallons at Rs.27.50 per gallon.Sales for each of these two stations,during the month,were 8,800 gallons at Rs.29 per gallon. Determine for each service station,profit earned during the month and value of the petrol in stock at close of the month.
what are the models of valuation of the company
Short answer on____________Assessment Year
Whatis new GL & Odd G.L What is the difference between these two.
genpact uk based shift timings? and R2R job profile?
I was born on 4th may 1981 iam i eligible to apply for SBI clerical job vacancy
explain about mergers & aquisitions? asked on 30/7/09
EXPAND_________SEC
What is revaluation of assets.when it occurs