Sale on approval or return basis
new user (student) (59 Points)
21 August 2009new user (student) (59 Points)
21 August 2009
ABHISEK JAIN
(self employed)
(78 Points)
Replied 21 August 2009
first ans will be rs6000....clearly it can be seen that goods are unsold and have to be taken back at cost price.
second ans will be rs 2700 since rs800 goods are already returned and rs3000 being the cost...should be reduced by rs800...thereby stock unsold will be rs3000--rs800= rs2700