Journalise transaction
Sold goods 5000 at a loss of 1000
Answers
Answer:
In the books of Journal entry
particulars amount amount
cash A/C Dr. 6000
To, sales A/c 5000
To, loss on sale 1000
[ sold goods for the Rs. 5000 with a loss of Rs. 1000 ]
workings:- selling price of goods = 5000
+ loss on sales = 1000
cost of goods = 6000
Answer:
particular Dr.Rs. cr. Rs .
cash A/c Dr. 6000
To sales A/c 5000
To loss in sale A/c 1000
narration: (Being sold goods of rs. 5000 at a loss of rs.1000).
{working:
`sale of goods+loss on sale=cost of goods
`5000+1000=6000}
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Hope it's correct and useful...!!!!