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Mr. Kumar sells goods on approval or return basis casually. He has sold goods worth Rs. 1,50,000, (sold at a prot of 33 1/3% on sale) which has been awaiting approval from the customers as on the date of closing the books. After the expiry of the period, the customers have accepted goods equivalent to 75% of the cost of the goods and the rest considered to be rejected. You are required to show the necessary journal entries as on the date of closing the books and the entries after th? 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 Mr. Kumar sells goods on approval or return basis casually. He has sold goods worth Rs. 1,50,000, (sold at a prot of 33 1/3% on sale) which has been awaiting approval from the customers as on the date of closing the books. After the expiry of the period, the customers have accepted goods equivalent to 75% of the cost of the goods and the rest considered to be rejected. You are required to show the necessary journal entries as on the date of closing the books and the entries after th? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Mr. Kumar sells goods on approval or return basis casually. He has sold goods worth Rs. 1,50,000, (sold at a prot of 33 1/3% on sale) which has been awaiting approval from the customers as on the date of closing the books. After the expiry of the period, the customers have accepted goods equivalent to 75% of the cost of the goods and the rest considered to be rejected. You are required to show the necessary journal entries as on the date of closing the books and the entries after th?.

Solutions for Mr. Kumar sells goods on approval or return basis casually. He has sold goods worth Rs. 1,50,000, (sold at a prot of 33 1/3% on sale) which has been awaiting approval from the customers as on the date of closing the books. After the expiry of the period, the customers have accepted goods equivalent to 75% of the cost of the goods and the rest considered to be rejected. You are required to show the necessary journal entries as on the date of closing the books and the entries after th? 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 Mr. Kumar sells goods on approval or return basis casually. He has sold goods worth Rs. 1,50,000, (sold at a prot of 33 1/3% on sale) which has been awaiting approval from the customers as on the date of closing the books. After the expiry of the period, the customers have accepted goods equivalent to 75% of the cost of the goods and the rest considered to be rejected. You are required to show the necessary journal entries as on the date of closing the books and the entries after th? defined & explained in the simplest way possible. Besides giving the explanation of Mr. Kumar sells goods on approval or return basis casually. He has sold goods worth Rs. 1,50,000, (sold at a prot of 33 1/3% on sale) which has been awaiting approval from the customers as on the date of closing the books. After the expiry of the period, the customers have accepted goods equivalent to 75% of the cost of the goods and the rest considered to be rejected. You are required to show the necessary journal entries as on the date of closing the books and the entries after th?, a detailed solution for Mr. Kumar sells goods on approval or return basis casually. He has sold goods worth Rs. 1,50,000, (sold at a prot of 33 1/3% on sale) which has been awaiting approval from the customers as on the date of closing the books. After the expiry of the period, the customers have accepted goods equivalent to 75% of the cost of the goods and the rest considered to be rejected. You are required to show the necessary journal entries as on the date of closing the books and the entries after th? has been provided alongside types of Mr. Kumar sells goods on approval or return basis casually. He has sold goods worth Rs. 1,50,000, (sold at a prot of 33 1/3% on sale) which has been awaiting approval from the customers as on the date of closing the books. After the expiry of the period, the customers have accepted goods equivalent to 75% of the cost of the goods and the rest considered to be rejected. You are required to show the necessary journal entries as on the date of closing the books and the entries after th? theory, EduRev gives you an ample number of questions to practice Mr. Kumar sells goods on approval or return basis casually. He has sold goods worth Rs. 1,50,000, (sold at a prot of 33 1/3% on sale) which has been awaiting approval from the customers as on the date of closing the books. After the expiry of the period, the customers have accepted goods equivalent to 75% of the cost of the goods and the rest considered to be rejected. You are required to show the necessary journal entries as on the date of closing the books and the entries after th? tests, examples and also practice CA Foundation tests.