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    sangamdeep's Avatar
    sangamdeep Posts: 1, Reputation: 1
    New Member
    		  
    #1

    May 1, 2011, 11:43 PM
    Solve it!
    Stock on hand : 32 piece 500 mg bruchet @ 42
    Purchased 100 piece 500 mg bruchet @ 50,
    Sold 75 piece 500 mg bruchet @ 55 (FIFO method),
    Partial payment : 1St May 2000, 31st May 1500, 15th June remaining payment (Full payment)
    Discount on sales : 2% at full payment
    Prepare stock account, journal and PL account
    RickJ's Avatar
    RickJ Posts: 7,762, Reputation: 864
    Uber Member
    		  
    #2

    May 2, 2011, 05:46 AM

    Check this out:
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