If good costing Rs. 2,00,000 are sold for Rs 2,80,000 and Rs 1,50,000 are received in cash, then identify the amount of revenue and income?

Explore Courses UPSC Exam UPSC Test Series Free Notes EduRev Infinity

Open App

Class 11 Exam > Class 11 Questions > If good costing Rs. 2,00,000 are sold for Rs ...

Join the Discussion on the App

If good costing Rs. 2,00,000 are sold for Rs 2,80,000 and Rs 1,50,000 are received in cash, then identify the amount of revenue and income?

Join for Free

Join for Free

Most Upvoted Answer

If good costing Rs. 2,00,000 are sold for Rs 2,80,000 and Rs 1,50,000 ...

Revenue 50000 income 80000

Answered by Mohit Rajpoot · View profile

Attention Class 11 Students!

To make sure you are not studying endlessly, EduRev has designed Class 11 study material, with Structured Courses, Videos, & Test Series. Plus get personalized analysis, doubt solving and improvement plans to achieve a great score in Class 11.

Chemistry Class 11

CUET Mock Test Series

English Class 11

Chemistry Practice Tests: CUET Preparation

View all answers Start learning for free

Explore Courses for Class 11 exam

Similar Class 11 Doubts

Prepare the Accounting Equation on the basis of the following: (6) i) Started business with cash Rs 35,000. ii) Credit purchases of goods Rs 9,000. iii) Payment made in the full settlement Rs 9,000. iv) Purchase of machinery for cash Rs 10,000. v) Sold goods costing Rs.2,000 for Rs.2,500 out of which Rs. 2,000 received in cash. vi) Commission received in advance Rs. 1,000,?

View answer

Prepare accounting equation from the following: (1) started business with cash Rs 75000 and goods Rs 25000. (2) Goods costing Rs 20000 sold on credit at a profit of 25%. (3) Received commission in advance Rs 5000?

View answer

Full in the blanks 1: amount which the firm owes to outsiders is known as (_)2: the persons to whom money is owing by the firm are termed as (_) 3: revenue means the income of a (_)nature?

View answer

Sold goods costing rs 20,000 for rs 25,000 to ruchi and received 10,000 in cash?

View answer

Prepare accounting equation from following transaction goods costing rs 48000 sold at profit of 33 1/3% three-fourth payment received in cash.?

View answer

Top Courses for Class 11View all

Chemistry Class 11

CUET Mock Test Series

English Class 11

Chemistry Practice Tests: CUET Preparation

CUET Mock Test: Humanities Subjects 2025

Top Courses for Class 11

View all

If good costing Rs. 2,00,000 are sold for Rs 2,80,000 and Rs 1,50,000 are received in cash, then identify the amount of revenue and income?

Share with a Friend

Answer this doubt

Question Description
If good costing Rs. 2,00,000 are sold for Rs 2,80,000 and Rs 1,50,000 are received in cash, then identify the amount of revenue and income? for Class 11 2024 is part of Class 11 preparation. The Question and answers have been prepared according to the Class 11 exam syllabus. Information about If good costing Rs. 2,00,000 are sold for Rs 2,80,000 and Rs 1,50,000 are received in cash, then identify the amount of revenue and income? covers all topics & solutions for Class 11 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for If good costing Rs. 2,00,000 are sold for Rs 2,80,000 and Rs 1,50,000 are received in cash, then identify the amount of revenue and income?.

Solutions for If good costing Rs. 2,00,000 are sold for Rs 2,80,000 and Rs 1,50,000 are received in cash, then identify the amount of revenue and income? in English & in Hindi are available as part of our courses for Class 11. Download more important topics, notes, lectures and mock test series for Class 11 Exam by signing up for free.

Here you can find the meaning of If good costing Rs. 2,00,000 are sold for Rs 2,80,000 and Rs 1,50,000 are received in cash, then identify the amount of revenue and income? defined & explained in the simplest way possible. Besides giving the explanation of If good costing Rs. 2,00,000 are sold for Rs 2,80,000 and Rs 1,50,000 are received in cash, then identify the amount of revenue and income?, a detailed solution for If good costing Rs. 2,00,000 are sold for Rs 2,80,000 and Rs 1,50,000 are received in cash, then identify the amount of revenue and income? has been provided alongside types of If good costing Rs. 2,00,000 are sold for Rs 2,80,000 and Rs 1,50,000 are received in cash, then identify the amount of revenue and income? theory, EduRev gives you an ample number of questions to practice If good costing Rs. 2,00,000 are sold for Rs 2,80,000 and Rs 1,50,000 are received in cash, then identify the amount of revenue and income? tests, examples and also practice Class 11 tests.

Explore Courses for Class 11 exam