Sold goods to rahim rs.12000 at trade discount 5%?

Start networking and exchanging professional insights

Register now or log in to join your professional community.

Next Question:
WHY trade discounts not recorded in the books of account?
Posted by:
ANOOP NIRAVAMKUNNATH SEKHARAN
28-April-2015

Question added by raman kumar
Date Posted: 2018/02/01

Upvote (0) Views (3) Followers (1) Answers (1) Report Question

Write an Answer
Register now or log in to answer.

1 Answers

by ahmed hasir , Sales Executive , Top Choice

600 DISCOUNT

TRADE AMOUNT 11400

Downvote Reply () Report

Popular Searches

Engineering Technicians Jobs Engineers Jobs Sales Executive Jobs Accountant Jobs Software Engineer Jobs

Write Your Answer

More Questions Like This

A&B purchased goods costing 2,00,000, B sold 4/5th of the goods for Rs 2,50,000.Balance goods taken by B 20% less cost. How much is the Group profit.
Top Answer: <p>Answer is A </p> <p>200000*.8 =160000 -- (4/5 =.8)</p> <p>=900000 PROFI ... See More

Answers (17)
A lady buys goods worth Rs.200 from a shop. (shopkeeper is selling the goods with zero profit).?
Top Answer: he faces the loss200 and800 and1000 which he returns to next shop keeper so totl loss is2000 hence the ri ... See More

Answers (4)
Perez, Inc. owns 100% of Senior, Inc. During year 1, Perez sold goods with a 40% gross profit to Senior. Senior sold all of these goods in year 1?
Top Answer: CPA Exam , question from Wiley book Answer : (A) When computing consolidated income, the objective is to ... See More

Answers (2)
Out of the following - - - - - - is an allowance or deduction made from the invoice price of goods sold ?
Top Answer: <p>The answer is (a) trade discount</p> See More

Answers (22)

Do you need help in adding the right keywords to your CV? Let our CV writing experts help you.