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What will be the Journal entry for these transaction-
Sold goods costing Rs.20,000 for Rs.30,000 on cash

Answers were Sorted based on User's Feedback



What will be the Journal entry for these transaction- Sold goods costing Rs.20,000 for Rs.30,000 ..

Answer / suraj

Cash a/c 30000
To, sales a/c 20000
To, P/L a/c 10000

Is This Answer Correct ?    93 Yes 24 No

What will be the Journal entry for these transaction- Sold goods costing Rs.20,000 for Rs.30,000 ..

Answer / pavi

Cash A/c Dr 30000
To GoodS A/c 20000
To P/L A/c 10000

Is This Answer Correct ?    164 Yes 101 No

What will be the Journal entry for these transaction- Sold goods costing Rs.20,000 for Rs.30,000 ..

Answer / accountant

cash a/C DR 30000
TO sales a/c 30000
for goods sold cvosting rs 20000 for sold rs 30000 on cash

Is This Answer Correct ?    126 Yes 73 No

What will be the Journal entry for these transaction- Sold goods costing Rs.20,000 for Rs.30,000 ..

Answer / bishal

Cash a/C. Dr.
To sales a/C
To p/L a/c

Is This Answer Correct ?    38 Yes 21 No

What will be the Journal entry for these transaction- Sold goods costing Rs.20,000 for Rs.30,000 ..

Answer / saurabh chauhan

cash a/c ------- dr. rs 30000
to sales a/c rs 20000
to p/l (profit) a/c rs 10000

Is This Answer Correct ?    20 Yes 8 No

What will be the Journal entry for these transaction- Sold goods costing Rs.20,000 for Rs.30,000 ..

Answer / prince

Cash A/C Dr 30000
To sales A/C 30000

Is This Answer Correct ?    36 Yes 32 No

What will be the Journal entry for these transaction- Sold goods costing Rs.20,000 for Rs.30,000 ..

Answer / ajay shah

Cash A/c Dr. 30000
To Profit on sales A/c 10000
To Sales A/c 20000

Is This Answer Correct ?    8 Yes 5 No

What will be the Journal entry for these transaction- Sold goods costing Rs.20,000 for Rs.30,000 ..

Answer / shankar

Cash ac -20000
To sale ac-30000
To profit ac-10000

Is This Answer Correct ?    2 Yes 2 No

What will be the Journal entry for these transaction- Sold goods costing Rs.20,000 for Rs.30,000 ..

Answer / chartered accountant

Cash A/C Dr. Rs. 20000
Profit and Loss A/C Dr. Rs. 10000
To Sales A/C Rs. 30000

Is This Answer Correct ?    0 Yes 0 No

What will be the Journal entry for these transaction- Sold goods costing Rs.20,000 for Rs.30,000 ..

Answer / givens tharu

cash a/c Dr. Rs30000
To sales a/c Rs30000
(Being goods costing Rs20000 sold for Rs30000)

Is This Answer Correct ?    0 Yes 1 No

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