Professional Documents
Culture Documents
FA 1 (Report)
FA 1 (Report)
2. Purchased merchandise on account from Usman Traders, FOB shipping point, Rs.
10,000.
4. Sold merchandise for on account to Usman Plastic, FOB Shipping point, Rs. 55,000 on
Jan 1. The cost of merchandise sold was Rs. 32,500.
5. Sold merchandise for cash, Rs. 80,000 on Jan 1. The cost of merchandise sold was Rs.
62,000.
8. Purchased merchandise on account from DSK Groups, FOB shipping point, Rs. 120,000.
10. Sold merchandise on account to FCCU, FOB Shipping point, Rs. 79,000 on Jan 1. The cost
of merchandise sold was Rs. 61,500.
11. Sold merchandise for cash, Rs. 26,000 on Jan 1. The cost of merchandise sold was Rs.
18,000.
14. Purchased merchandise on account from Ali and Sons Co., FOB destination, Rs. 90,000.
17. Sold merchandise for cash, Rs. 40,000 on Jan 1. The cost of merchandise sold was Rs.
32,000.
18. Paid for merchandising purchased from Ali and Sons Co.
20. Purchased merchandise on account from Usman Traders, FOB shipping point, Rs.
69,000.
22. Sold merchandise for on account to Usman Plastic, FOB Shipping point, Rs. 55,000 on
Jan 1. The cost of merchandise sold was Rs. 32,500.
23. Sold merchandise for cash, Rs. 80,000 on Jan 1. The cost of merchandise sold was Rs.
62,000.
26. Purchased merchandise on account from Yousaf Traders, FOB destination, Rs. 55,000.
27. Sold merchandise on account to Shaheen Complex, FOB destination, Rs. 16,000 on Jan 1.
The cost of merchandise sold was Rs. 10,500.
28. Sold merchandise for cash, Rs. 71,000 on Jan 1. The cost of merchandise sold was Rs.
62,000.
33. Sold merchandise on account to Usman Plastic, FOB Shipping point, Rs. 55,000 on Jan 1.
The cost of merchandise sold was Rs. 32,500.
34. Sold merchandise for cash, Rs. 80,000 on Jan 1. The cost of merchandise sold was Rs.
62,000.
36. Purchased merchandise on account from Ali and Sons Co., FOB destination, Rs. 56,000.
37. Sold merchandise on account to DTC Group, FOB Shipping point, Rs. 19,000 on Jan 1.
The cost of merchandise sold was Rs. 12,500.
38. Sold merchandise for cash, Rs. 80,000 on Jan 1. The cost of merchandise sold was Rs.
62,000.
39. Purchased merchandise on account from Usman Traders, FOB shipping point, Rs.
20,000.
41. Sold merchandise for on account to ITL Marketing Agency, FOB Shipping point, Rs.
60,000 on Jan 1. The cost of merchandise sold was Rs. 45,250.
42. Sold merchandise for cash, Rs. 80,000 on Jan 1. The cost of merchandise sold was Rs.
62,000.
47. Sold merchandise for on account to BDC, FOB Shipping point, Rs. 34,000 on Jan 1. The
cost of merchandise sold was Rs. 25,000.
48. Sold merchandise for cash, Rs. 80,000 on Jan 1. The cost of merchandise sold was Rs.
62,000.
51.