Goods sold for cash Rs. 10,000 plus 10% sales tax. Sales A/c will be credited by: 
  • a)
    Rs. 11,000
  • b)
    Rs. 10,000
  • c)
    Rs. 9,000
  • d)
    None 
Correct answer is option 'B'. Can you explain this answer?

CA Foundation Question

3 Answers
Aditya Kabra answered Sep 02, 2020
No need to calculate sales tax separately and then give its corresponding effect. It has been already included in the sales.

Swarnim Sharma answered Jun 15, 2018
Sales tax has been already included in sales.. so sales will be credited by 10000 only

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