Question

. Bull Co. sends out its new model cooker to dealers on "Sale or Return". All such
transactions are treated like actual sales and are passed through the Day Book. 200
cookers costing 450 each have been sent to dealers on "Sale or Return" before the
preparation of the Final Accounts and have been debited to their accounts at * 600
each. Out of those, only 50 cookers were sold at 650 each and 80 cookers were
returned.

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Answer 1

Answer:

This is a question of GST