1.

Good costing 3200 sold at a profit of 20%on cost

Answer»

Answer:

Cash A/c.............DR.                  3840

To, Sales A/c                                           3840

(Being GOODS sold at profit of 20%)

Explanation:

Sales = COST + Profit

Sales = 3200 + 20% of 3200

Sales = 3200 + 640

Sales = 3840



Discussion

No Comment Found

Related InterviewSolutions