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branch accounts

in illustration 4 of the icai's book while using stock debtors method, they have taken the cash received as 171000 . but in the debtors methods( in illustration 5), they have taken the cash received as 163500. why is there a difference in the amount

Attachments

brnach doubt 2.png

branch doubt 1.png


Swathi Krishna

Swathi Krishna

CA Inter

7K+

29-Oct-20 18:36

17

Answers (3)

You are comparing branch account with debtors accoun.t


Suraj Lakhotia

Suraj Lakhotia

Admin

30-Oct-20 16:14

How can sales be different


Swathi Krishna

Swathi Krishna

CA Inter

7K+

30-Oct-20 23:43

Sales are not different. ONe has amount collected from debtors Other has amount remitted out of collection.


Suraj Lakhotia

Suraj Lakhotia

Admin

31-Oct-20 10:01