Accountancy, asked by mmmmmmm8976, 11 months ago

Sold good12000 profit in cash @25%

Answers

Answered by khushia239
0
debtor dr. 15000
to sales 15000
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Answered by anuritha
0

Sold goods on cash @ 25% profit

Journal entry

Cash   A/c   Dr      15000

        To  Sales A/c                  15000

(Being sold goods on cash )

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Calculation

cost = 12000

sales= cost + profit

         = 12000+ ( 12000 * 25% )

          = 12000+ 3000

          = 15000

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