Re: 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.
(the answer is neither 750,1000,1250,1500,1750 nor 2000)
please reply the answer because its urgent with the
explanation of u'r answer thankyou.
Answer Posted / aravind.s
Cost of the Phone = "Not given".
Selling Price = 750
Change given to customer = 250
Amount returned neibhouring shop for fake = 1000, So the
Visible loss according to given data is Rs:2000.
| Is This Answer Correct ? | 2 Yes | 2 No |
Post New Answer View All Answers
Do you know what is icai?
Revenue Expenditure
What is absorption costing with defination? and what is marginal costin with defination?
Tell us what is your proudest accomplishment?
What are its characteristic features of financial accounting?
we had company we provide work others they deducted tds how to pass entries in my company please tell me
What is project implementation?
journal entry for prepaid insurance and salary outstanding
Tell me what is the equation for acid-test ratio in accounting?
what is t code of gr/ir report?
plz can some one tel me "The concept of stock holder's equity and paid in capital".
If the company acquires equipment prior to incorporation what are the accounting entries?
Is buy or sale trade will impact on Nov? Yes/No Please explain.
Explain what is double-entry accounting? Explain with an example?
Tell me what is your track record for consistently achieving your targets?