Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...

What will be the Journal entry for these transaction-
Sold goods costing Rs.20,000 for Rs.30,000 on cash

Answer Posted / bishal

Cash a/C. Dr.
To sales a/C
To p/L a/c

Is This Answer Correct ?    38 Yes 21 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

what is an ideal organisation

2259


Interest received 5,000 and still receivable Rs. 2,000 PLease give journal entry for this!

1488


Can you help me to pass the journal entry for work in progress for a construction company? I would like to know the debit and credit for W.I.P will be under in which accounts head. Eg: debit will be in current asset a/c head, and credit will be under in which a/c in P&L? whether under purchase a/c head, or under direct income a/c head? please give me the details. Thanks for your previous answer?

2228


What is use of statistics in accounting?

1079


Let me know the liability positions of Partners

2011


What steps would you take to locate the errors in case trial balance disagrees?

1054


What is the objective of the balance sheet?

1190


Hello sir, i am assistent executive in partnership firm.i learn't tds return, sales tax return, service tax return and all accounting entry,reconciliation with customer & supplier.BRS. please guide me for more knowledgeble sectore in account. hense i reach become a good position in account sectore.

1827


In accounting, how do you define the premises?

1264


what is account reconcillation

2151


Mention what is bank reconciliation?

1198


Tell me what does the investment of personal assets by the owner will do?

1095


we can transfer stock between two firms with same name but prop. is different.

2073


Please guide in details about Payroll in Tally.erp9??

2255


Is there a difference between accounting for conversion of bonds and accounting for the conversion of preferred stock?

1035