Goods costing 20,000 sold at a loss of 5% out of which 12000 received in cash.What is the selling price ?
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Answered by
1
Explanation:
assets. = liability. +capital
+12000 cash
-20000 goods
+7000 debtor. -1000los
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Answered by
1
Answer:
cash = + 12000
stock= -20000
debtors= + 7000
loss = - 1000
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