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Answer Posted / bhumin
In Credit Purchase, Customer does not pay full amount at the
time of purchase. But he is liable to pay.
| Is This Answer Correct ? | 54 Yes | 18 No |
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Give some questiong with anser with are usally ask to the interviewer in interview. Please give answer with detail.
The following Trial Balance was extracted from the books of Chetan.Do you think that it is correct? If not,rewrite it in the correct form. Debits Rs Credits Rs ------------------------------------------------------------ Stock |8250 | Capital |10000 Purchases |12750 | Sales |15900 Returns outward |700 |Returns inwards |1590 Discount received|800 |Discount allowed |800 Wages & salaries |2500 |Scooty |1750 Rent and rates |1850 |Carriage charges |700 Sundry debtors |7600 |Sundry Creditors |7250 Bank Overdraft |2450 |Bills payable |690
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