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CBSE Class 11-commerce Answered

opening stock=36000, net purchases=45000, salaries and wages=7000, sales=60000, gross loss=4000, freight inwards=6000. calculate closing stock:  
Asked by Kamleshsharma171976 | 23 Mar, 2020, 12:41: PM
answered-by-expert Expert Answer
Closing space Stock space equals space Opening space Stock space plus space Net space Purchases space plus space Freight space Inwards space minus space Sales space minus space Gross space Loss space space space space space space space space space space space space space space space space space space space space space space equals 36 comma 000 space plus space 45 comma 000 space plus space 6 comma 000 space minus space 60 comma 000 space minus space 4 comma 000 space space space space space space space space space space space space space space space space space space space space space space equals space 23 comma 000 space
Answered by Surabhi Gawade | 23 Mar, 2020, 05:21: PM
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CBSE 11-commerce - Accountancy
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CBSE 11-commerce - Accountancy
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Asked by tyagiji2511 | 24 Jun, 2020, 10:45: AM
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CBSE 11-commerce - Accountancy
11. A sold goods to B for Rs.4,000 and drew a bill for the amount due. B after giving his acceptance returned the bill to A. A discounted it form his bank for Rs.3,900. On due date, bill returned dishonoured and bank paid Rs.50 as noting charges. After one week B paid the full amount of the bill including the noting charges. Give journal entries in the books of A only.
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CBSE 11-commerce - Accountancy
Bought goods against chepue of list price 5000 less 10% trade discount and 2% cash discount  
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CBSE 11-commerce - Accountancy
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