Cpt (accounts)
This query is : Resolved
Guest
Guest
(Querist)
23 November 2012
Opening Stock 4,34,400
Cash Sales 16,00,000
Credit Sales 21,00,000
Total Sales 18,10,000
Selling Price is 125% of Purchase price
Stock Purchased is ?
Purchases = Sales/1.25 = 14,48,000 is answer
But Answeris given as 14,74,400
Cash Sales 16,00,000
Credit Sales 21,00,000
Total Sales 18,10,000
Selling Price is 125% of Purchase price
Stock Purchased is ?
Purchases = Sales/1.25 = 14,48,000 is answer
But Answeris given as 14,74,400
24 November 2012
Review the question. There seems to be somthing incorrect.
Cash sales + Creidt Sales is 37 lacs. This is not in sync with the total sales of 18.1 lacs.
Cash sales + Creidt Sales is 37 lacs. This is not in sync with the total sales of 18.1 lacs.
11 August 2023
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Unanswered Queries
- CAPITAL GAIN REDEVELOPED FLAT
- Multiple payment of self assessment tax for A Y 2025-2026
- REGARDING ITR FILING QUESTION
- Requirement under FEMA &RBI
- CLOSING STOCK QUERY
- Gst reverse charge mechanism to be claimed in the month of payment
- Short Term Gain Reporting ITR
- DUE DATE FOR ITR FILING
- Missed TDS
- F&O reporting in ITR
- WHERE I SHOW GST 0% INVOICE IN GSTR1 (EITHER TABLE 7 OR TABLE 8)
- Concept of Vendor and customner reconciliation
- Mistake in e-invoice identified after 24 hours
- EXPORT PAYMENT
- NRI ITR2 account in 2025-26.
- Query regarding reporting of exempt foreign remuneration in ITR (AY 2026-27)
- FEMA/RBI treatment — Amazon.ca arbitrage (US buy, Canada sell, goods never enter India)
- Goods return by customer
- INWARD REMITTANCE FOREIGN
- CPC and SAC
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
