Cash Sales As.50,000, Credit Sales As.3,50,000, Sales returns Rs.50,000. Credit sales include goods costing Rs.40,000 sent on approval basis at mark up of 20% on sale price and not yet approved. Then the net sales will be

Question

Examsnet · Accepted Answer

Correct Answer is :  Rs.3,00,000

CA CPT June 2019 Question Paper Fundamentals of Accounting for online practice