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A company sells motor bikes on “Sale or return basis”. All such transactions are however treated like actual sales and are passed through the sales book. Just before the end of the financial year, two motor bikes costing Rs. 55,000 each have been sent on “Sale or Return basis” and have been debited to customers at Rs. 75,000 each, cost of goods lying with the customers will be:a)Rs. 1,10,000b)Rs. 55,000c)Rs. 75,000d)Rs. 1,50,000Correct answer is option 'A'. 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 A company sells motor bikes on “Sale or return basis”. All such transactions are however treated like actual sales and are passed through the sales book. Just before the end of the financial year, two motor bikes costing Rs. 55,000 each have been sent on “Sale or Return basis” and have been debited to customers at Rs. 75,000 each, cost of goods lying with the customers will be:a)Rs. 1,10,000b)Rs. 55,000c)Rs. 75,000d)Rs. 1,50,000Correct answer is option 'A'. 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 A company sells motor bikes on “Sale or return basis”. All such transactions are however treated like actual sales and are passed through the sales book. Just before the end of the financial year, two motor bikes costing Rs. 55,000 each have been sent on “Sale or Return basis” and have been debited to customers at Rs. 75,000 each, cost of goods lying with the customers will be:a)Rs. 1,10,000b)Rs. 55,000c)Rs. 75,000d)Rs. 1,50,000Correct answer is option 'A'. Can you explain this answer?.

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Here you can find the meaning of A company sells motor bikes on “Sale or return basis”. All such transactions are however treated like actual sales and are passed through the sales book. Just before the end of the financial year, two motor bikes costing Rs. 55,000 each have been sent on “Sale or Return basis” and have been debited to customers at Rs. 75,000 each, cost of goods lying with the customers will be:a)Rs. 1,10,000b)Rs. 55,000c)Rs. 75,000d)Rs. 1,50,000Correct answer is option 'A'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of A company sells motor bikes on “Sale or return basis”. All such transactions are however treated like actual sales and are passed through the sales book. Just before the end of the financial year, two motor bikes costing Rs. 55,000 each have been sent on “Sale or Return basis” and have been debited to customers at Rs. 75,000 each, cost of goods lying with the customers will be:a)Rs. 1,10,000b)Rs. 55,000c)Rs. 75,000d)Rs. 1,50,000Correct answer is option 'A'. Can you explain this answer?, a detailed solution for A company sells motor bikes on “Sale or return basis”. All such transactions are however treated like actual sales and are passed through the sales book. Just before the end of the financial year, two motor bikes costing Rs. 55,000 each have been sent on “Sale or Return basis” and have been debited to customers at Rs. 75,000 each, cost of goods lying with the customers will be:a)Rs. 1,10,000b)Rs. 55,000c)Rs. 75,000d)Rs. 1,50,000Correct answer is option 'A'. Can you explain this answer? has been provided alongside types of A company sells motor bikes on “Sale or return basis”. All such transactions are however treated like actual sales and are passed through the sales book. Just before the end of the financial year, two motor bikes costing Rs. 55,000 each have been sent on “Sale or Return basis” and have been debited to customers at Rs. 75,000 each, cost of goods lying with the customers will be:a)Rs. 1,10,000b)Rs. 55,000c)Rs. 75,000d)Rs. 1,50,000Correct answer is option 'A'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice A company sells motor bikes on “Sale or return basis”. All such transactions are however treated like actual sales and are passed through the sales book. Just before the end of the financial year, two motor bikes costing Rs. 55,000 each have been sent on “Sale or Return basis” and have been debited to customers at Rs. 75,000 each, cost of goods lying with the customers will be:a)Rs. 1,10,000b)Rs. 55,000c)Rs. 75,000d)Rs. 1,50,000Correct answer is option 'A'. Can you explain this answer? tests, examples and also practice CA Foundation tests.