Ram sold goods to shyam at 10 profit

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Webb15 juli 2024 · Good Evening My dear Friend, Here is your answer.. 0.0000015 Rs = 1 Product 1 Rs = 1/(0.0000015) Product Therefore, Webb17 juni 2024 · Here, sales mean sales of business goods, inventory or merchandise. After purchasing the goods, they are sold including profit. Sales are the most important elements of entire business. The sales amount must include only sale of goods not sales of fixed assets. Sales include both the cash and credit sales made during the accounting period.

TS Grewal Accountancy Class 11 Solution Chapter 12 Accounting of Goods …

WebbAnil of Faridabad, Haryana sold goods of Rs. 20,000 to Pawan of Hisar, Haryana. Rates of CGST and SGST are 6% each while that of IGST is 12%. Answer 2: ... Goods costing Rs 40,000 sold to Mr. X at a profit of 20% on sales less 10% Trade Discount plus CGST and SGST @ 6% each and received a cheque under 2% cash discount. WebbRam borrowed Rs. x from Shyam at the rate of 13% simple interest and Rs. 2x from Mohan at the rate of 26 % simple interest he then added Rs. 82500 with the total amount he borrowed from Shyam and Mohan together and lend it to Sohan at the rate of 10% simple interest. The total profit, he received at the end of one year in this process was Rs. 1725. hiking nature trails perdido key area

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WebbRam purchased goods for rupees 10000 and sold them to sham for rupees 12000 and sham returned goods of rupees 2400 what till be its journal entry and with what amounts … Webb17 okt. 2024 · Develop an Accounting Equation from the following transactions: (i) Mohan commenced business with cash of 50,000 (ii) Purchased goods for cash 30,000 (iii) Purchase goods on the credit of 20,000 (iv) Sold goods (costing Rs 10,000) for 12,000 (v) Bought furniture on credit 2,000 (vi) Paid cash to a creditors 15,000 (vii) Salary paid 1,000. Webb1 aug. 2024 · Ram sold goods to Shyam at 10% profit. Shyam sold these goods further to Buburao at 20% profit. Baburao - Brainly.in. Ram sold goods to Shyam at 10% profit. … hiking near ashburnham ma

Show the accounting equation on the basis of following …

Ram sells an article to Shyam at a loss of 30%. Shyam sells the

Webb1 juli 2024 · Rama sold goods of ₹ 12,000, charged IGST @ 18% to Reshma on 1st January, 2024. On the same date Rama draws a bill on Reshma for ₹ 12,000 for a period of 3 months and received the balance amount by cheque. On receipt of the bill on 1st January, 2024 duly accepted by Reshma, Rama discounts it with a bank at 6% p.a. ezra reevesWebb1 jan. 2024 · Sold goods for cash: 7,000: April 6: Goods returned by Ram, Delhi: 1,000: April 10: Purchased goods from Rajesh, Jaipur (Rajasthan) of list price ₹ 10,000 for: 9,000: … hiking near bear lake utah

"Webb24 nov. 2024 · (xii) Aman returned goods of list price of ₹ 10,000 sold to him at 10% trade discount. Solution: Working Notes: 1. Calculation of Sales Price Sales Price = Goods Sold … " - Ram sold goods to shyam at 10 profit

Ram sold goods to shyam at 10 profit

WebbFollowing was the position of Harish & Co. as on 1st April, 2024: Sunil そ 5,000 . Following transactions took place during April, 2024: 2024Received a cheque from Ram in full settlement of his account after April 2 deducting 5 % cash discount.4 Deposited the above cheque into Bank. Goods purchased for ई 20,000 at 10 % trade discount and 5 % cash … WebbS. No.TransactionAssets=Liabilities+CapitalCash+Stock+Debtors=Creditors(i)Ram Started Business with Cash25,000+25,000(ii)Purchased Goods from Shyam+10,00010,000New …

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WebbFör 1 dag sedan · Profit percentage for Ram = 20%. Profit percentage for Rahim = 25%. Raunak purchased the goods = Rs. 4500. Concept: Cost price + Profit% = Selling price. … Webb15 aug. 2024 · Q2) Show the accounting equation on the basis of the following transactions: a) Shri Ganesh commenced business with cash Rs.35,000, goods Rs.8,000 and furniture Rs.7,000. b) Bought furniture from M/s Mohan Furnitures on credit for Rs.3,000. c) Purchased goods from Sohan for cash Rs.35,000. d) Sold goods to Shyam …

WebbAnswer (1 of 6): Let the CP of Rama be Rs X His profit 10% Rama’s SP or Sham’s CP = 11X/10 Sham’s Profit 8% Sham’s SP or Neha’s CP =11X/10 + 11X/125 or 297 X/250 … WebbRam sold the chair for Sohan at 10% profit. Calculation: Let the cost price of Ram is x ⇒ The selling price of Ram = Cost price of Sohan = 1.1x ⇒ Selling price of Sohan = Cost price of Ashoka = 1.32x = 660 ⇒ x = 500 ⇒ A bought it = 500 ∴ The required result will be 500. Download Solution PDF Latest MP Police Constable Updates

Webb10 okt. 2024 · Jan. 3 Purchased goods for cash 60,000 Jan. 5 Sold goods to Shyam 60,000 Jan. 6 Sold goods for cash 20,000 Jan. 9 Received cash from Shyam 40,000 Jan. 13 Goods purchased from Ram 40,000 Jan. 20 Cash paid to Ram 20,000 Jan. 25 Paid office rent 4,000 Jan. 31 Paid salaries to staff 20,000 Jan. 31 Returned goods by Shyam 10,000. … WebbSold goods to Dinker and received a cheque 20,000 10 Paid to Sushmita cash 20,000 14 Cheque received on December 06, 2016 deposited into bank 18 Sold goods to Rani 12,000 20 Cartage paid in cash 500 22 Received cash from Rani 12,000 27 Commission received 5,000 30 Drew cash for personal use 2,000 Watch Video🎥 Cash Book Dr. Cr. Date Receipts …

Webb12 maj 2024 · Ram buys a watch for Rs. 500 and sells it to Shyam at 10% loss. Shyam then sells it to Ravi at 20% profit and Ravi sells it to Rakesh at 10% profit. How much did …

WebbSince Ram sells 25% cheaper than Shyam, Therefor Ram sells at less than 25% of100 or 75 rs. Ram sells 25% dearer than Bram or 125% of Ram =100% of Bram or. 125% of x (say x … ezra reportsWebb21 jan. 2024 · Step-by-step explanation: Because Ram sold Shyam at 10 percent profit. Then again, Shyam sold at 10 percent profit. Baburao buyed it for 121. If 2 times 10 … ezra reynoldsWebbQuestion. Ram and Shyam enter into a partnership. Ram supplies whole of the capital amounting to Rs. 60,000 with the condition that the profits are to be equally divided and that Shyam pays Ram interest on half of the capital at 10% per annum, but receives Rs. 150 per month for carrying on the concern. Find their total yearly profit when Shyam ... ezra rcWebbMohan purchased a radio set and sold it to Shyam at profit. Shyam sold it to Ram at 10% loss and if Raman paid Rs.675, how much did Mohan purchased that radio. Sign in; ui-button; ui-button. Topics. General ... A sells his goods 10% cheaper than B and 10% nearer than C. How much would a customer of B save by purchasing Rs.100 worth of goods ... ezra reizenWebb10 apr. 2024 · Journal entry for sold goods on credit. The respective debtor account is debited while the sales account is credited. 1. According to the golden rules of accounting: Debtor’s a/c. Debit. Debit the receiver. To Sales a/c. Credit. ezra restaurant neuköllnWebbSold goods for Cash of the list price of ₹ 25,000 at 20% trade discount and 5% Cash discount. 6: Sold goods to Gopal Seth for ₹ 10,000. 8: Gopal Seth returned goods for ₹ 1,500. 12: Purchased goods from Arun ₹ 12,000; and from Varun ₹ 15,000. 13: Settled Arun's account in full after deducting 5% for cash discount. 14 ezra rhayiWebb(ii) Purchased goods from Shyam 10,000 (iii) Sold goods to Sohan costing ₹ 1,800 1,500 (iv) Gopinath withdrew from business 5,000 The solution for this question is as follows: … ezra rex