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-   -   Accounting equation. (https://www.askmehelpdesk.com/showthread.php?t=561604)

  • Mar 12, 2011, 09:45 AM
    harpicker
    accounting equation.
    Goods costing rs.75000 sold at a profit of 33 1/3%. Half the payment received in cash.
  • Mar 12, 2011, 11:52 AM
    pready

    Cost of Goods Sold * (100% +33 1/3%) / 2 = Cash amount received.

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