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.
Answer Posted / muttagi mahesh
The answer is Rs. 2,000/- Because, Rs. 1,000/- duplicate
note taken changes from another person & Rs. 750/- for
Mobile & Rs. 250/- change given to Customer. So total loss
to Showroom is Rs. 2,000/-.
| Is This Answer Correct ? | 1 Yes | 2 No |
Post New Answer View All Answers
What are the effects when intangibles and tangible assests decrease
What is meant by calendar maintenance?
The Tabula Manufacturing Company has been in business for one month. At the end of month the company had the following accounts: Materials used K 5 000.00 Direct labour 10 000.00 Indirect labour 3 000.00 Indirect materials 2 000.00 Labour fringe benefits 1 000.00 Supervisor’s salary 1 000.00 Depreciation Machinery 2 000.00 Miscellaneous factory overhead 1 000.00 Heat and light 500.00 Insurance on plant 1 500.00 The company processed two jobs during the month with costs as follows: Job 101 Job 102 Materials cost K3 000.00 K2 000.00 Direct labour cost K6 000.00 K4 000.00 Direct labour hours 4 000.00 3 000.00 Machine hours 2 000.00 1 000.00 The company does not use a predetermined rate for factory overhead. The rate is computed at the end of each month. Required Use both the direct labour hours and machine hours to compute: 1) The overhead rates for the month (5 pts) 2) The overhead cost for each job (5pts) 3) The total cost for each job (10 pts) 4) Briefly describe the difference between Job order and process costing, citing relevant examples (5 pts).
What will be the journal entry of purchase and sale for ac purchased for 40000 vat 5% sold for 45000 vat5%
What is Statory Books ?
What steps would you take before approving an invoice for payment?
Explain what is liabilities and what all does include in current liabilities?
What is the equation for acid-test ratio in accounting?
What does the standard journal entry includes?
Tell me what is reversing journal entries?
what is windows dressing final accounts?,sales a/c belongs to which a/c type?
What do you mean by balancing of ledger account?
what is the treatment for employee contribution and employer contribution in in pf in accounts under which head??
Who uses accounting?
what is the performa of bank reconcilation ? i want to need it and also i want to know about tds entry for various sources such as rent,contractor, commission, etc. and how we make the tds return, please tell me its very urgent?