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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
- 15 Answers
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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 |
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 |
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 |
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 |
Answer / shankar
Cash ac -20000
To sale ac-30000
To profit ac-10000
| Is This Answer Correct ? | 2 Yes | 2 No |
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 |
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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Audit 
