Multiple Choice Questions on Goods sold for cash 10 000 plus 10 sales tax Sales A c will be credited by ........ for UPSC EPFO Exam Preparation

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Multiple Choice Questions

Goods sold for cash 10 000 plus 10 sales tax Sales A c will be credited by ........

General Accounting Principles Accounting cycles
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    Goods sold for cash 10,000 plus 10% sales tax. Sales A/c will be credited by 

    11,000 

    Incorrect Answer

    10,000

    Correct Answer

    9,000 

    Incorrect Answer

    None

    Incorrect Answer
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    Explanation:

    Journalise the following transaction: Sold goods for Cash Rs. 10,000

    Cash A/c  Dr.           10,000
           To Sales A/c               10,000
    (Being goods sold for Cash)

    By: SWAPNIL AGGARWAL
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