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Can anyone tell me the treatment of SALE ON APPROVAL BASIS. In this question

IMG_20221029_142943.jpg

Anvar Ansari

Anvar Ansari

CA Inter

2K+

29-Oct-22 14:30

411

Answers (19)

Best Answer

I hope you get it. If not please ask me. I have written the entries only for sale on return.

Attachments

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Vijay K

I hope you get it. If not please ask me. I have written the entries only for sale on return.

Is that trade receivables?


Dharani Chakravarthi

Dharani Chakravarthi

CA Final

8K+

29-Oct-22 20:22

I mean isn't it trade receivables?


Dharani Chakravarthi

Dharani Chakravarthi

CA Final

8K+

29-Oct-22 20:22

Dharani Chakravarthi

I mean isn't it trade receivables?

Yes bro, you are correct.


Vijay K

Vijay K

CA Inter

9K+

29-Oct-22 20:23

Dharani Chakravarthi

I mean isn't it trade receivables?

It is, he did little mistake


Thread Starter

Anvar Ansari

Anvar Ansari

CA Inter

2K+

29-Oct-22 20:23

Thank you identifying the mistake ð???ð??»ð???ð??»ð???ð??»


Vijay K

Vijay K

CA Inter

9K+

29-Oct-22 20:23

Is the answer 81766 ?


Dharani Chakravarthi

Dharani Chakravarthi

CA Final

8K+

29-Oct-22 20:30

Dharani Chakravarthi

Is the answer 81766 ?

I didn't done full sum bro. I will say once I done it.


Vijay K

Vijay K

CA Inter

9K+

29-Oct-22 20:36

Vijay K

I didn't done full sum bro. I will say once I done it.

ð???


Dharani Chakravarthi

Dharani Chakravarthi

CA Final

8K+

29-Oct-22 22:17

Vijay K

I didn't done full sum bro. I will say once I done it.

Ok bro.


Dharani Chakravarthi

Dharani Chakravarthi

CA Final

8K+

29-Oct-22 22:17

I will get within 10 mins bro


Vijay K

Vijay K

CA Inter

9K+

29-Oct-22 22:18

Well I get 84,966 bro


Vijay K

Vijay K

CA Inter

9K+

29-Oct-22 22:35

This is mine, can you show me yours.

Attachments

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Vijay K

Vijay K

CA Inter

9K+

29-Oct-22 22:38

Dharani Chakravarthi

Is the answer 81766 ?

Yes.


Yamuna S

Yamuna S

CA Inter

15K+

30-Oct-22 11:00

Vijay K

This is mine, can you show me yours.

Bro, 40% of goods returned will be already included in that 50,000( stock as on 15th april). So you should add only the remaining 60% of 8000 i.e. 4800. Finally, 4800 should be added instead of 8000. Other than that all steps are correct.


Dharani Chakravarthi

Dharani Chakravarthi

CA Final

8K+

30-Oct-22 15:37

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