CA CPT 2013 June Question Paper Fundamentals of Accounting for online practice
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Question : 26 of 60
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X purchased goods on 90 days credit from Y of worth Rs.20,000. Y has given a trade discount of Rs.1,000 on thesame. He also allowed a cash discount of Rs.500, if payment is made within 30 days. X availed cash discount andalso paid the dues of Y. At the end, goods purchased from Y remained unsold and included in the stock. What is theamount of stock.
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