Question

Sold goods for cash costing 10000 and on credit costing 15000 both at a profit of 20%

Answer 1

Explanation:

cash a/c. dr 12000

debtors a/c. Dr. 18000

To sales a/c. 30000

(Being goods costing 10000 for cash and goods costing 15000 both at a profit of 20% )

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