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...

The following are the transactions with respect to goods
traded by Gopal-
i) Purchased goods worth Rs.50,000 on 1-1-2005 for cash
ii) Sold goods costing Rs.20,000 for Rs.30,000 on cash
iii) Bought goods Rs.45,000 from Suresh & Co on credit
iv) Paid Rs.30,000 to Suresh who gave us a discount of Rs1,000
v) Sold goods Rs.23,000 but their cost is Rs.12,000 for cash
vi) Sold goods to Gangadhar for Rs12,000 on credit,(cost Rs
9000)
vii) Received cash from Gangadhar Rs.11,500 in full settlement.
viii) Paid carriage charges on the goods purchased Rs.2,000.
Find out the closing stock as on 31 -1-2005. Also, find how
much is still due to Suresh?

Answer Posted / vaibhav

arju tell me answer in detail

Is This Answer Correct ?    0 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

what are the basic elements to prepare a quarterly information system and how to calculate that items?

1787


when & how interest on unsecured loan is calculated?

1907


what is tribal area allowance means

3178


I got below mail stating to pay 8000 rupees to Wipro but when I went to wipro in sajapur, it was fake mail. If u receives this kind of mail, please don’t respond. Please inform to ur friends regarding this. Wipro Limited Dear candidate Your Resume has been selected by ( Wipro Limited). I have attached your Interview Process letter with this email. Kindly see the attached file. Note - you can call in official working Hours Monday to Saturday – 9 Am to 2 Pm, Company Website – www.wipro.com Note - And more details you send a email Company Email Add – career@wiprolimited.in Best Of Luck For More Details Please Click Here Wipro Limited

1941


What is journal entry for salary paid less deductions (e.g. fines for breaking a company's property)?

1541


What is the definition of accounting?

1096


what is retention? how caculate on asset

2266


Discuss the consistency concept in accounting

1080


Do you know offset accounting?

1039


how to calculate accrued interest on fdr?how to see from bank statement????basic procedure plz advice..

4243


What are the 5 basic accounting principles?

1026


Sales Invoice 50000/- fully profit , management want profit for this year should be appear in P&L A/c and B/S 25000/- only and remaining 25000/- profit retain for the next year  What will be JV for this year and next year?- Thank you

2616


What is the general net worth percentage banks will observe while sanctioning the Loans for Tranding, Construction and Manufacturing units.

1910


What is the difference in accounting and marketing?

1040


journal entry for goodwill and capital bought by a new partner?

1628