How to prepare sales account?

Purchase -$

Purchase return-$

Sales-$0

Sales return-$

Vehicles rent-$

Commison paid-$

Question added by umar farook , Senior Accountant , Speetech international Co W.L.L
Date Posted: 2016/06/19

Upvote (0) Views (9) Followers (4) Answers (4) Report Question

by Tayyab Saleem , Accounat , SALAH AL DIN TYRES TRADING CO LLC

sales less sales return less discount = net sale

by Tamer Fathi Babikir Abdulgadir Mulla , Accountant , Nile Soft Drink Bottling Factory

Total of Sales - The Return - Discount = The net of sales

by Anser Mehmood , Senior Accountant , FALCOR ENGINEERING & CONTRACTING SERVICES LLC

Sales

Less Sales Return / Return Inwards

Less Discount Allowed

by Barkat Ali , Accountant , Abdullah Bin Ahmed Bin Mohd Al Muzahmi Trading

Sale $

Less: Sales Return ($)

Net Sale $

Sales + Closing stock – Purchases – Gross profit = ?
Top Answer: D Gross profit = Sales - ( D< ... See More

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Commodities purchased under prepayment, the goods arrived are different! you paid Customs&discover that what you can do? How to negotiation ! SOLVEIT
Top Answer: If the goods are not as per the specifications, you need to contact sender/supplier immediately. You may ... See More

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Cost of goods purchased is equal to?
Top Answer: (D)88,500 Cost of goods purchased =92,100 -5,200 -1,900 +3,500 =88,500 See More

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Which of the following are part of the purchasing cycle?
Top Answer: Define Need, Inspect Incoming Good, Prepare & Issue Purchase order See More

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