Question

3
26. Pass journal entries.
a) Sold goods costing Rs. 1,20,000 to charu @ profit 333% on costs->
33cost
less 15% Trade discount
b) Sold goods costing Rs. 1,60,000 to Akash for cash at a profit 30%
on cost less 15% Trade discount.
c) Charge Intrest on capital 7% with capital 3,00,000​

Answer 1

Answer:

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