Question

Sold goods of Rs. 12,000 to Vivek @ rc % t.d. The amount received from Vivek by cash and cheque in the ratio 3:2.

Answer 1

cash A/C.......Dr.7200

bankA/C........Dr.4800

To salesA/C12000

(being goods sold and cash and cheque received in 3: 2)

workings= 12000×3/5

=7200 cash received

=12000×2/5

=4800 cheque received