Accountancy, asked by mani200618, 10 months ago

goods costing rs 10000 send to customer on approval basis for rs 12000.This is recorded as actual sales.How this item will appear in the final account?

Answers

Answered by NeverMind11

Answer:

INF FINAL ACCOUNT WE WE PREPARE TRADING ND PROFIT LOSS ACCOUNT SO IN THAT FINAL ACCOUNT WE RECORD DIRECT ND INDIRECT EXPENSES ND THEREFORE AS IT HAS BEEN RECORDED AS SALES SO IT WILL BE TRANSFERRED TO FINAL ACCOUNT

I HOPE THIS HELPS YOU

ANY DOUBT FURTHER ...FEEL FREE TO ASK

Answered by dhundekrishna7

Answer:

Less from sales ₹12000 on trading a/c Cr. & Add to Stocks ₹10000 on Assets.

Explanation:

Hope I helped you friends..✌

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goods costing rs 10000 send to customer on approval basis for rs 12000.This is recorded as actual sales.How this item will appear in the final account?​

Answers

goods costing rs 10000 send to customer on approval basis for rs 12000.This is recorded as actual sales.How this item will appear in the final account?