Question

E Ltd. sends out its accounting machines costing Rs. 200 each to their customers on sales or return basis. All such transactions are, however, treated like actual sales and are passed through the day book. Just before the end of the financial year, i.e., on December 24, 2011, 300 such accounting machines were sent out at an invoice price of Rs. 280 each, out of which only 90 accounting machines are accepted by the customers at Rs. 250 each and as to the rest on report is forthcoming. What is total effect on sales? (a) Sales will be reduced by Rs. 61,500 (b) Sales will be increased by Rs. 61,500 (c) Sales will be increased by Rs. 60,000 (d) No effect

Answer 1

Option B.................

Answer 2

hi guys

the option is b- sales will be increased by Rs - 61,500

I hope it will help you

please make it a brain list answer ^_^