Sold good to Meena cost price RS. 40000 at a profit of 25% and the amount received by cheque\xa0

Sold good to Meena cost price RS. 40000 at a profit of 25% and the amo

1.	Sold good to Meena cost price RS. 40000 at a profit of 25% and the amount received by cheque\xa0
Answer» Bank a/c. Dr. 50,000 To sales a/c. Cr. 50,000(Being goods sold to Meena @25% profit)