Sold goods for cash worth rs. 20 000

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August undefined, 2024

WebHere you can find the meaning of Pass journal entry for the following : (1) Received order for Rs 20,000 from kumar for supply of goods and received Rs 12,000 as an advance together with the order. (2) Goods worth Rs 20,000 supplied to kumar against the order and advance previously received from him. defined & explained in the simplest way ... WebPurchased furniture for cash Rs. 4,000 and purchased goods from Naveed store of Rs. 25,000. 8: Sold goods to Rashid on credit basis for Rs. 8,000, costing Rs. 6,500. 12: Open …

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WebMar 7, 2010 · Rs. 1. Mr. A commenced business with cash 70, 2. Purchased goods on credit from Mr. B 14, 3. Paid wages 500 4. Paid to Mr. B 10, 5. Purchased furniture 1, 6. Goods stolen by the Store-keeper 200 7. Received commission 100 MODULE - 1 ##### Business Environment. Notes DIPLOMA IN INSURANCE SERVICES 17 th January, 1997 Cash … Web6. Goods costing ₹40,000 sold at a 20% profit for cash +48,000 – 40,000 +8,000 1,22,300 5,000 16,000 36,000 1,07,300 Working Note: Cost of Goods Sold = 40,000 Add: Profit 20% … how are love handles formed

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WebWhat will be the Journal entry for these transaction- Sold goods costing Rs.20,000 for Rs.30,000 on cash. ALLInterview.com. Categories ... for goods sold cvosting rs 20000 for … WebFeb 9, 2024 · To cash A/c. 7,600 To Discount Received A/c. 400 (Being Goods purchased and Discount Received) WORKING NOTES : Given, purchased goods worth Rs. 10,000 less … Webm • M. 7 13 7 31 S CO if oO 7 III 7 So S 15 8 !."> K 20 S 30 S 41i S -H S -Jl. S UM S 67 •J 00 U "I 9 ~7 ... for $200 cash. Mr. JJdchariah Towel sold hu> property t Mrs. Wiu. Gulli&ou ... . ta … how are lps taxed

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Sold goods for cash worth rs. 20 000

WebLast June the hull and m achin ery of the stripped-down, 20.000- ton ship were auctioned off to the firm of Lipsett, Inc , for $561,133 Public Works Bill Goes to The President Water … WebWe would like to show you a description here but the site won’t allow us.

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WebBuy Diablo 2 Resurrect (D2R) Items and Runes, Runescape (OSRS) Gold, POE Currency, RotMG potions, ESO gold and more at RPGStash.com: Trusted Store 10.000+ Reviews WebStarted business with cash ₹ 1,20,000 (b) Purchased goods for cash ₹ 10,000 (c) Rent received ₹ 5,000 (d) Salary outstanding ₹ 2,000 (e) Prepaid Insurance ₹ 1,000 (f) Received …

WebFeb 25, 2024 · (g) Received interest Rs. 700 (h) Sold goods for cash (Costing Rs. 5,000) Rs. 7,000 (i) Goods destroyed by fire Rs. 500 Answer: Question 6. Show that accounting … WebFor example, on January 1, we have sold $5,000 of goods for cash. This $5,000 of the goods sold had an original cost of $3,000 in the inventory account. And we use the perpetual …

WebSee Page 1. 8 Type your answer b. XYZ send goods worth Rs.1,00,000 to Y on consignment basis at 20% above the cost price. The goods are sold by the consignee on a mark-up of 15% on invoice price. Find the total mark-up % over the cost price of the goods. 4 Type your answer 4. a. Following are the particulars of M/s. WebPurchased goods for cash Rs 20,000 and Credit Rs 30,000. 3. Sold goods for cash 40,000, costing 30,000. 4. ... 2013 with a capital of ₹ 6,00,000. On 31st March 2014, his assets were worth ₹ 78,00,000 and liabilities ₹ 50,000. ... Question 20. Goods costing ₹ 10,000 have been sold for cash at 25% profit.

WebJournal Entry for Purchasing Goods. Q: What is the journal entry for the following? Purchased goods from KJ Mehta for cash: 5,000 Rupees. (Rupees = Indian currency) A: …

WebApr 13, 2024 · 1. Commenced business with cash of ₹ 5, 00,000. 2. Purchased equipment for cash ₹ 2, 00,000. 3. Purchased furniture worth ₹50,000 on credit from IndiMart. 4. Purchased raw materials for ... how are lox preparedWebJun 17, 2024 · (a) EP Publication sold books for cash Rs 30,000. (b) DK Wine Dealer sold Ruslon Vodka for cash Rs 25,000; Blue Label Whisky by cheque Rs 35,000. (c) MN … how many men died at omaha beachWebJan 15 Bought goods from Amit for Rs. 2,00,000 at terms 5% cash discount and 20% trade discount. Paid 3/4th of the amount in cash at the time of purchase. Jan 18 Sold goods to … how many men did scylla eatWeb5. Purchased Goods from Mohan on credit Rs.80,000 at 10% Trade Discount. 9. Sold goods to Urmila Rs. 30,000 at 5% Trade Discount. 12. Paid into Dena bank Rs.40,000. 15. Goods … how many men did lee have when he surrenderedWebJournalise the following transaction: Commence business with Cash Rs. 50,000. Medium. View solution. >. Journalise the following transaction: Ambuj, a debtor for Rs. 10,000 has … how many men did the cyclops eat in odysseyWebJun 1, 2024 · Question . Sold goods worth list price of Rs.8,000 at 10% trade discount and 2% cash discount. 25% received at the time of transaction only. The amount posted to … how are lox curedWebThe United States dollar ( symbol: $; code: USD; also abbreviated US$ or U.S. Dollar, to distinguish it from other dollar-denominated currencies; referred to as the dollar, U.S. dollar, American dollar, or colloquially buck) is the official currency of the United States and several other countries. how many men died at the alamo