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Sale of goods on approval or return basis

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62 Points Posted on 07 September 2018
Why is trading account credited with goods lying with customers at the end?
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On 07 September 2018 at 11:52 Report
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Student
3193 Points Posted on 07 September 2018
While closure of the books as the stock lying with the customer, without approval, So, it will be treated as our stock.
24 Reply
On 07 September 2018 at 23:54
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62 Points Posted on 08 September 2018
I see...thank you.
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On 08 September 2018 at 12:34
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4 Points Posted on 06 February 2019
goods costing 5000 were sent on approval basis for 6000 were treated as sale
how would be the final accounts be affected?
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On 06 February 2019 at 16:14
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62 Points Posted on 06 February 2019
Your profit will increase by 1000 @ mehak gulyani
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On 06 February 2019 at 16:40
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4 Points Posted on 06 February 2019
Which one
gross or net profit?
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On 06 February 2019 at 21:12
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62 Points Posted on 06 February 2019
gross profit ...
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On 06 February 2019 at 21:43


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