Question

Goods costing rs 10000 were sent on approval basis to a customer for rs 12000 on 30th march 2013,this was recorded as actual report .. what are the journal entries​

Answer 1

Answer:

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Answer 2

Explanation:

                                              Journal Entries

30th Mar          Trade Receivables a/c               dr     12000

                                 To Sales a/c                                               12000

                  (being goods costing 10000 sent on approval basis)