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Firm Sends goods on sale or returns basis customers having the choice of returning the goods within a month. During April 2016, the following are the details of the goods sent:Within the Stipulated time, A & C returned the goods While B, D & E signified that they have accepted the goods. Show the following Account in the books of the firm Sale on Approval A/c & Customers for Sale on Approval A/c on 15th May 2016.?
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Firm Sends goods on sale or returns basis customers having the choice ...
Total of $50,000 worth of goods was sent on sale or returns basis to various customers.
During the month of April 2016, the customers returned $10,000 worth of goods, as they were not satisfied with the quality or the product did not meet their expectations.
Therefore, at the end of April 2016, the firm had $40,000 worth of goods on sale or returns basis still outstanding. These goods can either be sold by the customer or returned within the stipulated time frame.
It is important for the firm to keep track of the goods sent on sale or returns basis and their corresponding returns, as it can impact the firm's revenue and inventory levels. Additionally, the firm should have a clear policy for handling returns and managing the inventory of goods on sale or returns basis.
During the month of April 2016, the customers returned $10,000 worth of goods, as they were not satisfied with the quality or the product did not meet their expectations.
Therefore, at the end of April 2016, the firm had $40,000 worth of goods on sale or returns basis still outstanding. These goods can either be sold by the customer or returned within the stipulated time frame.
It is important for the firm to keep track of the goods sent on sale or returns basis and their corresponding returns, as it can impact the firm's revenue and inventory levels. Additionally, the firm should have a clear policy for handling returns and managing the inventory of goods on sale or returns basis.
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Firm Sends goods on sale or returns basis customers having the choice ...
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Firm Sends goods on sale or returns basis customers having the choice of returning the goods within a month. During April 2016, the following are the details of the goods sent:Within the Stipulated time, A & C returned the goods While B, D & E signified that they have accepted the goods. Show the following Account in the books of the firm Sale on Approval A/c & Customers for Sale on Approval A/c on 15th May 2016.?
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Firm Sends goods on sale or returns basis customers having the choice of returning the goods within a month. During April 2016, the following are the details of the goods sent:Within the Stipulated time, A & C returned the goods While B, D & E signified that they have accepted the goods. Show the following Account in the books of the firm Sale on Approval A/c & Customers for Sale on Approval A/c on 15th May 2016.? 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 Firm Sends goods on sale or returns basis customers having the choice of returning the goods within a month. During April 2016, the following are the details of the goods sent:Within the Stipulated time, A & C returned the goods While B, D & E signified that they have accepted the goods. Show the following Account in the books of the firm Sale on Approval A/c & Customers for Sale on Approval A/c on 15th May 2016.? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Firm Sends goods on sale or returns basis customers having the choice of returning the goods within a month. During April 2016, the following are the details of the goods sent:Within the Stipulated time, A & C returned the goods While B, D & E signified that they have accepted the goods. Show the following Account in the books of the firm Sale on Approval A/c & Customers for Sale on Approval A/c on 15th May 2016.?.
Firm Sends goods on sale or returns basis customers having the choice of returning the goods within a month. During April 2016, the following are the details of the goods sent:Within the Stipulated time, A & C returned the goods While B, D & E signified that they have accepted the goods. Show the following Account in the books of the firm Sale on Approval A/c & Customers for Sale on Approval A/c on 15th May 2016.? 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 Firm Sends goods on sale or returns basis customers having the choice of returning the goods within a month. During April 2016, the following are the details of the goods sent:Within the Stipulated time, A & C returned the goods While B, D & E signified that they have accepted the goods. Show the following Account in the books of the firm Sale on Approval A/c & Customers for Sale on Approval A/c on 15th May 2016.? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Firm Sends goods on sale or returns basis customers having the choice of returning the goods within a month. During April 2016, the following are the details of the goods sent:Within the Stipulated time, A & C returned the goods While B, D & E signified that they have accepted the goods. Show the following Account in the books of the firm Sale on Approval A/c & Customers for Sale on Approval A/c on 15th May 2016.?.
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