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...

What will be the Journal entry for these transaction-
Sold goods costing Rs.20,000 for Rs.30,000 on cash

Answer Posted / sukhraj singh

cash A/C dr:3,00,000
to sales A/C:2,00,000
to capital A/C:1,00,000

Is This Answer Correct ?    4 Yes 18 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

what is cost unit n what is cost sheet?

2162


how to enter the tender refund amount in tally ?

3818


a cc. has balance Rs. 8,40,000 at the credit of profit and loss a/c this balance is used for redemption of debentures what will be the entry

1883


How to get C forms in online? Plz give me Processor Thanq

3268


Is an "account receivable" and "goodwill" real accounts in accounting?

941


what is gl a/c? & why is it maintain

1864


What is fair value accounting definition?

1212


What is the difference between the accrual accounting and cash accounting?

1022


What are control ledgers?

1093


What are the functions of manger -accounts and manager-finance?

1113


what do you maen by Expected rate of return ? Is there any formula for expected rate of return? what is systematic & unsystematic risk ? how to calculate both the risk?

2002


In accounting, how do you define the premises?

1196


what is the meaning of 4X and 10X value in intraday market?

2180


why accounting is important in business?

1045


What are the 5 basic accounting principles?

987