Question
Define a Sales Book.
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| Cost of goods sold | ₹ 2,00,000 |
| Cost of goods sold |
|
|
₹
|
|
₹
|
|
Purchase
|
1,20,000
|
Closing Stock
|
30,000
|
|
Sales
|
1,90,000
|
Carriage Inwards
|
7,000
|
|
Return Inward
|
10,000
|
Rate of Gross Profit on Sales
|
40%
|
|
Return Outward
|
4,000
|