Question Description
On 1-3-15 Rohan sent goods costing Rs.60,000 at a profit of 25% on sales to Mohan on Sale or return basis. On 31-3-15 Mohan returned goods costing Rs.18,000. At the end of Financial Year the remaining goods were neither returned nor approved by Mohan. Rohan records the goods sent on approval as normal sale. In the balance sheet, for the goods sent but not yet approved __________.a)Rs.56,000 will be added todebtorsb)Rs.56,000 will be deducted from debtorsc)Rs.48,000 will be deducted fromdebtorsd)Rs.52,500 will be deducted from debtors.Correct answer is option 'B'. Can you explain this answer? for CA CPT 2024 is part of CA CPT preparation. The Question and answers have been prepared according to the CA CPT exam syllabus. Information about On 1-3-15 Rohan sent goods costing Rs.60,000 at a profit of 25% on sales to Mohan on Sale or return basis. On 31-3-15 Mohan returned goods costing Rs.18,000. At the end of Financial Year the remaining goods were neither returned nor approved by Mohan. Rohan records the goods sent on approval as normal sale. In the balance sheet, for the goods sent but not yet approved __________.a)Rs.56,000 will be added todebtorsb)Rs.56,000 will be deducted from debtorsc)Rs.48,000 will be deducted fromdebtorsd)Rs.52,500 will be deducted from debtors.Correct answer is option 'B'. Can you explain this answer? covers all topics & solutions for CA CPT 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for On 1-3-15 Rohan sent goods costing Rs.60,000 at a profit of 25% on sales to Mohan on Sale or return basis. On 31-3-15 Mohan returned goods costing Rs.18,000. At the end of Financial Year the remaining goods were neither returned nor approved by Mohan. Rohan records the goods sent on approval as normal sale. In the balance sheet, for the goods sent but not yet approved __________.a)Rs.56,000 will be added todebtorsb)Rs.56,000 will be deducted from debtorsc)Rs.48,000 will be deducted fromdebtorsd)Rs.52,500 will be deducted from debtors.Correct answer is option 'B'. Can you explain this answer?.

Solutions for On 1-3-15 Rohan sent goods costing Rs.60,000 at a profit of 25% on sales to Mohan on Sale or return basis. On 31-3-15 Mohan returned goods costing Rs.18,000. At the end of Financial Year the remaining goods were neither returned nor approved by Mohan. Rohan records the goods sent on approval as normal sale. In the balance sheet, for the goods sent but not yet approved __________.a)Rs.56,000 will be added todebtorsb)Rs.56,000 will be deducted from debtorsc)Rs.48,000 will be deducted fromdebtorsd)Rs.52,500 will be deducted from debtors.Correct answer is option 'B'. Can you explain this answer? in English & in Hindi are available as part of our courses for CA CPT. Download more important topics, notes, lectures and mock test series for CA CPT Exam by signing up for free.

Here you can find the meaning of On 1-3-15 Rohan sent goods costing Rs.60,000 at a profit of 25% on sales to Mohan on Sale or return basis. On 31-3-15 Mohan returned goods costing Rs.18,000. At the end of Financial Year the remaining goods were neither returned nor approved by Mohan. Rohan records the goods sent on approval as normal sale. In the balance sheet, for the goods sent but not yet approved __________.a)Rs.56,000 will be added todebtorsb)Rs.56,000 will be deducted from debtorsc)Rs.48,000 will be deducted fromdebtorsd)Rs.52,500 will be deducted from debtors.Correct answer is option 'B'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of On 1-3-15 Rohan sent goods costing Rs.60,000 at a profit of 25% on sales to Mohan on Sale or return basis. On 31-3-15 Mohan returned goods costing Rs.18,000. At the end of Financial Year the remaining goods were neither returned nor approved by Mohan. Rohan records the goods sent on approval as normal sale. In the balance sheet, for the goods sent but not yet approved __________.a)Rs.56,000 will be added todebtorsb)Rs.56,000 will be deducted from debtorsc)Rs.48,000 will be deducted fromdebtorsd)Rs.52,500 will be deducted from debtors.Correct answer is option 'B'. Can you explain this answer?, a detailed solution for On 1-3-15 Rohan sent goods costing Rs.60,000 at a profit of 25% on sales to Mohan on Sale or return basis. On 31-3-15 Mohan returned goods costing Rs.18,000. At the end of Financial Year the remaining goods were neither returned nor approved by Mohan. Rohan records the goods sent on approval as normal sale. In the balance sheet, for the goods sent but not yet approved __________.a)Rs.56,000 will be added todebtorsb)Rs.56,000 will be deducted from debtorsc)Rs.48,000 will be deducted fromdebtorsd)Rs.52,500 will be deducted from debtors.Correct answer is option 'B'. Can you explain this answer? has been provided alongside types of On 1-3-15 Rohan sent goods costing Rs.60,000 at a profit of 25% on sales to Mohan on Sale or return basis. On 31-3-15 Mohan returned goods costing Rs.18,000. At the end of Financial Year the remaining goods were neither returned nor approved by Mohan. Rohan records the goods sent on approval as normal sale. In the balance sheet, for the goods sent but not yet approved __________.a)Rs.56,000 will be added todebtorsb)Rs.56,000 will be deducted from debtorsc)Rs.48,000 will be deducted fromdebtorsd)Rs.52,500 will be deducted from debtors.Correct answer is option 'B'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice On 1-3-15 Rohan sent goods costing Rs.60,000 at a profit of 25% on sales to Mohan on Sale or return basis. On 31-3-15 Mohan returned goods costing Rs.18,000. At the end of Financial Year the remaining goods were neither returned nor approved by Mohan. Rohan records the goods sent on approval as normal sale. In the balance sheet, for the goods sent but not yet approved __________.a)Rs.56,000 will be added todebtorsb)Rs.56,000 will be deducted from debtorsc)Rs.48,000 will be deducted fromdebtorsd)Rs.52,500 will be deducted from debtors.Correct answer is option 'B'. Can you explain this answer? tests, examples and also practice CA CPT tests.