Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...


one customer visit the showroom of phones and purchased the
phone of Rs 750 and gave the 1000 rupees note the showroom
executive didn't have the change so he take the change from
next to his showroom's shop then he deliver the phone to
customer with the change of rs 250.and customer went with
both after sometime the shop owner of next to showroom who
gave the change of Rs 1000 with angry and told the showroom
executive that the note you give it to me is fake! so
showroom executive gave him Rs1000 to him.so my(question) is
how much the showroom executive faced the loss on this
transaction.

Answers were Sorted based on User's Feedback



one customer visit the showroom of phones and purchased the phone of Rs 750 and gave the 1000 rupe..

Answer / haji

Answer is -1000/-

Is This Answer Correct ?    19 Yes 2 No

one customer visit the showroom of phones and purchased the phone of Rs 750 and gave the 1000 rupe..

Answer / urvashi sharma

Rs. 2,000/-

Mobile=750
Change given to client=250
Given to that person who pure that note was fake=1,000

Is This Answer Correct ?    6 Yes 2 No

one customer visit the showroom of phones and purchased the phone of Rs 750 and gave the 1000 rupe..

Answer / santosh kapoor

TOTAL LOSS IS RS. 2000/-

BECAUSE:
FAKE NOTE = 1000/-
MOBILE = 750/-
CHANGE GIVEN = 250/-

Is This Answer Correct ?    4 Yes 1 No

one customer visit the showroom of phones and purchased the phone of Rs 750 and gave the 1000 rupe..

Answer / ravindra kumar

The loss is Rs.1000/-

Is This Answer Correct ?    3 Yes 2 No

one customer visit the showroom of phones and purchased the phone of Rs 750 and gave the 1000 rupe..

Answer / feroze

THE SHOWROOM SHOP WAS LOSS OF RS.1000/- I.E 750 PHONE,250
BALANCE GIVEN ONLY

Is This Answer Correct ?    2 Yes 2 No

one customer visit the showroom of phones and purchased the phone of Rs 750 and gave the 1000 rupe..

Answer / thimmappa poojari

We need to consider few factots :
1) Shop owner's duty to discuss with sales exective the
real issue and to investigate whether the note given by
customer is really fake one OR the next shop owner lied &
cheated the sales executive.
2) if the next shop owner cheated by lying then NO loss to
sales executive
Further if it found to be fake one then :
3) whether the shop has valid note identification machine,
if so sales executive's loss is either cost of the mobile +
250 OR aed 750(full price) + aed 250, depends on the shop
owner's decision of punishment.
3) if the note identification machine not installed and
hence, if the shop owner is sincere one who understands the
employee's difficulty in identifying the difference in
original and fake notes, then he might consider
a)forgiving the sales executive and warn him to be extra
careful.
b)In addition to the point (a) he may lodge police
complaint against the customer on fake note ( if he has
proper address, details of customer)
c)any other action based on Shop owners's decsion. But
maximum loss in any case is aed 1,000/- OR if sales
executive found to be in fault he may be punished as per
any caluse for such acts in his employment contract.

Is This Answer Correct ?    0 Yes 0 No

one customer visit the showroom of phones and purchased the phone of Rs 750 and gave the 1000 rupe..

Answer / rishav

i don't think the question is correct because or it is not specifying that after selling the phone at Rs750.how much profit that showroom owner gets,(actual puchase price of owner ),. so answer is " can't be determine"

Is This Answer Correct ?    0 Yes 0 No

one customer visit the showroom of phones and purchased the phone of Rs 750 and gave the 1000 rupe..

Answer / prashant

loss is Rs.2000/-

Is This Answer Correct ?    0 Yes 0 No

one customer visit the showroom of phones and purchased the phone of Rs 750 and gave the 1000 rupe..

Answer / vijay

the loss is 1000/- that he paid to the next shop keeper.

Is This Answer Correct ?    0 Yes 0 No

one customer visit the showroom of phones and purchased the phone of Rs 750 and gave the 1000 rupe..

Answer / sivannarayana.sana

loss is 1000

Is This Answer Correct ?    0 Yes 0 No

Post New Answer

More Accounting General Interview Questions

wht is different between defered tax liablities and defered tax assets??????

0 Answers  


purchases goosd in cash rupees 6500

2 Answers   TCS,


how&when brs is prepared

5 Answers  


What is bank reconcilation a/c

6 Answers   Accenture, Genpact,


My firm got Rs.1,00,000/- as consultancy charge after deducting Rs.10,000/- as TDS. Now we have to pay Rs.15,000/- as Service Tax. Net effect we will receive only Rs.75,000/-. How can i account this.

1 Answers  


why i want to join Hawkins company

0 Answers   Hawkins, HDFC,


Volga is a large manufacturing company in the private sector. In 2007 the company had a gross sale of Rs.980.2 crore. The other financial data for the company are given below: Items Rs. In crore Net worth 152.31 Borrowing 165.47 EBIT 43.17 Interest 34.39 Fixed cost (excluding interest) 118.23 Calculate: a. Debt equity ratio b. Operating leverage c. Financial leverage d. Combined leverage. Interpret your results and comment on the Volga’s debt policy

0 Answers  


What are the transactions and journal entry involved when a customer makes purchase or does payment for his own consumption or purpose through debit card?

2 Answers  


if u sale an asset for 10000, which has a book value of 8500. what will be the journal entry???

4 Answers   ACS, EXL,


Can salary paid to promoters before incorporation be taken as a part of pre-incorporation expense? If yes how is the TDS part to be dealt with?

0 Answers  


SOLD GOODS WORTH 5000 TO AKBAR WHO PAID 3000 ON ACCOUNT

0 Answers  


Tell me what is an over accrual?

0 Answers  


Categories