1. Categories >> Accounting >> Accounting General
  2. Suggest New Category

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

Question Posted / chpr01

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 7 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 31 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

Post New Answer

More Accounting General Interview Questions

Pass journal entries Purchased goods from mr x on credit 1000

22 Answers  

Bank charges rs.100 debit/credit only in brs, where u can Posted entry,add or less in as per cash book/passbook

2 Answers   FIC,

Tell me what is accrual accounting?

0 Answers  

We may get profit or loss from business. If so we can name the statement as Profit or Loss account. But since a long time we are naming it as Profit and Loss account. Why?

1 Answers  

WHAT DIFF.BETWEEN CAPITAL EXPENDITURE AND CAPITAL REVENUE?

2 Answers  




give me examples of the accounting reports you have prepared

0 Answers  

Journal entry of outstanding wages is Wages a/c dr TO O/s wages a/c In the Above journal entry why outstanding wages has to be credited ? and o/s wages comes under which account, and why (Personal, Real, Nominal)

7 Answers   Capital IQ,

what is mean by DDU SHIPMENT AND DDP SHIPMENT

2 Answers  

goods worth rupees 440 distributes free among the poor?

0 Answers  

WHAT IS OPERATING CYCLE?

0 Answers  

What is meaning of cenvat credit please described in detail.

16 Answers   Ferrari, Steelco Gujarat Ltd, Whirlpool,

paid vendor to RS 15000 and incentives of RS.5000 and deducted Rs.3000 as penalty so finally paid to vendor is Rs.17000. please let me know the journal entry for this.

0 Answers   Real Group Of Companies,

For more Accounting General Interview Questions Click Here
Categories