Question

purchase goods for 1000 from nanda and supplied it to halen for 1300 halen returned goods worth 390 which in turb returned to nanda

Answer 1

Answer:

here goods are at 30percent profit element 1300 _1000 = 390 so when good are sell at 390

are returned to suppliers .

they are recorded at 390/130*100 = 300, which is their cost price..