Question

Arun agencies opening branch in Vellore on 1st Jan 1990. Goods were invoiced at selling price which was at cost 25% From the following particulars relating to year 1990, you are required to prepare different accounts the stock and debtors system goods under sent to branch 30,000. sales -, cash 10,000, credit -14,000 , goods returned by cus
tomers -300, cash received from customers -8,000​

Answer 1

Answer:

Arun agencies opening branch in Vellore on 1st Jan 1990. Goods were invoiced at selling price which was at cost 25% From the following particulars relating to year 1990, you are required to prepare different accounts the stock and debtors system goods under sent to branch 30,000. sales -, cash 10,000, credit -14,000 , goods returned by cus

tomers -300, cash received from customers -8,000