Which account is to be prepared to find out sales on credit?

Related MCQs

• Creditors account is prepared to find out the -
• Which account is to be prepared to know Cash Purchase or Cash Sale?
• Dipti has purchased one Machine on hire purchase agreement. The cash price of machine is Rs. 90000. The amount is to be paid on agreement Rs. 30000 and balance amount is paid by three equal annula instalments of Rs. 30000 each. Find out the intrest of third year.
• Why opening statement of affairs is prepared?
• In which of the following method of sales, if the purchaser can't pay the amount of instalment, the vendor can get the assets as return back ?
• In case of purchase and sales of securities ex- interest -
• The main difference between sale under Hire purchase agreement and sales under Installment system is regarding
• If indemnity period is six months, Standard turnover Rs. 30000, Annual trunover Rs. 75000, Turnover during indemnity period Rs. 12000, then short sales will amount to -
• Opening stock Rs. 25000, Purchases Rs. 125000, Sales Rs. 150000, Goods salvaged Rrs. 10000 and Gross Profit is 50% on cost, then the cost of the goods burnt by fire is -
• Bad Debt Return is to be credited to which account?