Question

prepare journal entries for - goods sold to ram 40000 with profit 20% profit and 50% amount received​

Answer 1

Answer:

T.s. Grewal (2018) for Class 11 Commerce Accountancy Chapter 5 - Journal ... (x) Sold goods costing ₹ 10,000 at cost plus 20% less 10% trade discount to Bhupesh. ... (xi) Sold goods of ₹ 60,000 to Vimal received 50% of due amount allowing ... (vii) Sold goods costing ₹ 40,000 to Anil for cash at a profit of 25% on cost ...

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Answer 2

Answer:

goods sold to ram = 4000 with profit

amount rreceived = 50%

profit = 20%