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Cash Sale of Rs. 50,000, Credit Sale of Rs. 3,50,000, Sales Return Rs. 25,000 out of Sales of Rs. 3,50,000, goods costing Rs. 40,000 were sent ton approval for Rs. 50,000 which has not been approved yet. Calculate the net sales:
  • a)
    Rs. 3,35,000
  • b)
    Rs. 3,75,000
  • c)
    Rs. 3,40,000
  • d)
    Rs. 3,25,000
Correct answer is option 'D'. Can you explain this answer?
Most Upvoted Answer
Cash Sale of Rs. 50,000, Credit Sale of Rs. 3,50,000, Sales Return Rs....
TOTAL SALES=350000(CREDIT SALES)+50000(cash sales)
=400000
sales returns=25000
TOTAL SALES=375000
GOODS SENT ON SALE OR RETURN BASIS=50000

THIS SALE OR RETURN BASIS GOODS NOT APPROVED SO IT IS NOT CONSIDER AS SALES.

SO TOTAL SALES=375000-50000
=325000
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Cash Sale of Rs. 50,000, Credit Sale of Rs. 3,50,000, Sales Return Rs. 25,000 out of Sales of Rs. 3,50,000, goods costing Rs. 40,000 were sent ton approval for Rs. 50,000 which has not been approved yet. Calculate the net sales:a)Rs. 3,35,000b)Rs. 3,75,000c)Rs. 3,40,000d)Rs. 3,25,000Correct answer is option 'D'. Can you explain this answer?
Question Description
Cash Sale of Rs. 50,000, Credit Sale of Rs. 3,50,000, Sales Return Rs. 25,000 out of Sales of Rs. 3,50,000, goods costing Rs. 40,000 were sent ton approval for Rs. 50,000 which has not been approved yet. Calculate the net sales:a)Rs. 3,35,000b)Rs. 3,75,000c)Rs. 3,40,000d)Rs. 3,25,000Correct answer is option 'D'. Can you explain this answer? for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about Cash Sale of Rs. 50,000, Credit Sale of Rs. 3,50,000, Sales Return Rs. 25,000 out of Sales of Rs. 3,50,000, goods costing Rs. 40,000 were sent ton approval for Rs. 50,000 which has not been approved yet. Calculate the net sales:a)Rs. 3,35,000b)Rs. 3,75,000c)Rs. 3,40,000d)Rs. 3,25,000Correct answer is option 'D'. Can you explain this answer? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Cash Sale of Rs. 50,000, Credit Sale of Rs. 3,50,000, Sales Return Rs. 25,000 out of Sales of Rs. 3,50,000, goods costing Rs. 40,000 were sent ton approval for Rs. 50,000 which has not been approved yet. Calculate the net sales:a)Rs. 3,35,000b)Rs. 3,75,000c)Rs. 3,40,000d)Rs. 3,25,000Correct answer is option 'D'. Can you explain this answer?.
Solutions for Cash Sale of Rs. 50,000, Credit Sale of Rs. 3,50,000, Sales Return Rs. 25,000 out of Sales of Rs. 3,50,000, goods costing Rs. 40,000 were sent ton approval for Rs. 50,000 which has not been approved yet. Calculate the net sales:a)Rs. 3,35,000b)Rs. 3,75,000c)Rs. 3,40,000d)Rs. 3,25,000Correct answer is option 'D'. Can you explain this answer? in English & in Hindi are available as part of our courses for CA Foundation. Download more important topics, notes, lectures and mock test series for CA Foundation Exam by signing up for free.
Here you can find the meaning of Cash Sale of Rs. 50,000, Credit Sale of Rs. 3,50,000, Sales Return Rs. 25,000 out of Sales of Rs. 3,50,000, goods costing Rs. 40,000 were sent ton approval for Rs. 50,000 which has not been approved yet. Calculate the net sales:a)Rs. 3,35,000b)Rs. 3,75,000c)Rs. 3,40,000d)Rs. 3,25,000Correct answer is option 'D'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of Cash Sale of Rs. 50,000, Credit Sale of Rs. 3,50,000, Sales Return Rs. 25,000 out of Sales of Rs. 3,50,000, goods costing Rs. 40,000 were sent ton approval for Rs. 50,000 which has not been approved yet. Calculate the net sales:a)Rs. 3,35,000b)Rs. 3,75,000c)Rs. 3,40,000d)Rs. 3,25,000Correct answer is option 'D'. Can you explain this answer?, a detailed solution for Cash Sale of Rs. 50,000, Credit Sale of Rs. 3,50,000, Sales Return Rs. 25,000 out of Sales of Rs. 3,50,000, goods costing Rs. 40,000 were sent ton approval for Rs. 50,000 which has not been approved yet. Calculate the net sales:a)Rs. 3,35,000b)Rs. 3,75,000c)Rs. 3,40,000d)Rs. 3,25,000Correct answer is option 'D'. Can you explain this answer? has been provided alongside types of Cash Sale of Rs. 50,000, Credit Sale of Rs. 3,50,000, Sales Return Rs. 25,000 out of Sales of Rs. 3,50,000, goods costing Rs. 40,000 were sent ton approval for Rs. 50,000 which has not been approved yet. Calculate the net sales:a)Rs. 3,35,000b)Rs. 3,75,000c)Rs. 3,40,000d)Rs. 3,25,000Correct answer is option 'D'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice Cash Sale of Rs. 50,000, Credit Sale of Rs. 3,50,000, Sales Return Rs. 25,000 out of Sales of Rs. 3,50,000, goods costing Rs. 40,000 were sent ton approval for Rs. 50,000 which has not been approved yet. Calculate the net sales:a)Rs. 3,35,000b)Rs. 3,75,000c)Rs. 3,40,000d)Rs. 3,25,000Correct answer is option 'D'. Can you explain this answer? tests, examples and also practice CA Foundation tests.
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