![SOLVED: Brief Exercise 4-5 Determine cash sales (LO4-4) During the year, the following sales transactions occur. There is a charge of 3% on all credit card transactions and a 1% charge on SOLVED: Brief Exercise 4-5 Determine cash sales (LO4-4) During the year, the following sales transactions occur. There is a charge of 3% on all credit card transactions and a 1% charge on](https://cdn.numerade.com/ask_images/478c7aebfd414a77a57ef8265d58e118.jpg)
SOLVED: Brief Exercise 4-5 Determine cash sales (LO4-4) During the year, the following sales transactions occur. There is a charge of 3% on all credit card transactions and a 1% charge on
![Calculate closing stock if- Cash sales 1 5 Times of credit Sales Credit Sales 1,20,000 Purchase 1,40,000 Rate - Accountancy - Financial Statements - I - 14058379 | Meritnation.com Calculate closing stock if- Cash sales 1 5 Times of credit Sales Credit Sales 1,20,000 Purchase 1,40,000 Rate - Accountancy - Financial Statements - I - 14058379 | Meritnation.com](https://s3mn.mnimgs.com/img/shared/content_ck_images/ck_5ddab90a21c42.jpg)
Calculate closing stock if- Cash sales 1 5 Times of credit Sales Credit Sales 1,20,000 Purchase 1,40,000 Rate - Accountancy - Financial Statements - I - 14058379 | Meritnation.com
![calculate gross profit ratio from following info :- cash sales-25% of total sales purchase-6900000 cr sales-600000 excess - Accountancy - Accounting Ratios - 11378411 | Meritnation.com calculate gross profit ratio from following info :- cash sales-25% of total sales purchase-6900000 cr sales-600000 excess - Accountancy - Accounting Ratios - 11378411 | Meritnation.com](https://s3mn.mnimgs.com/img/shared/ck-files/ck_59300fe6d03a4.png)
calculate gross profit ratio from following info :- cash sales-25% of total sales purchase-6900000 cr sales-600000 excess - Accountancy - Accounting Ratios - 11378411 | Meritnation.com
![Cash sales Rs 25,000 Cash sales are 20% of credit sales Gross profit is 30% on sales - Accountancy - Accounts from Incomplete Records - 14323935 | Meritnation.com Cash sales Rs 25,000 Cash sales are 20% of credit sales Gross profit is 30% on sales - Accountancy - Accounts from Incomplete Records - 14323935 | Meritnation.com](https://s3mn.mnimgs.com/img/shared/content_ck_images/ck_5e64afe18b0cb.jpg)