sold 25% of the goods at a profit of 10% for cash and another 10% of goods were sold for credit at profit of 20% accounting equation( plz..help me to solve this problem )
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sold goods for cash on profit
calculate 25%of goods then add 10% profit
treatment. cash increasewith sale value
stock decrease with cost amount
capital increase with profit amount
sold goods on credit
calculate 10% of goods then add 20% profit
treatment. stock decrease with cost amount
capital increase with profit amount
debtor increase with sale amount
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