At what price per unit would Part No. A 32 be entered in the store's ledger, if
Question:
At what price per unit would Part No. A 32 be entered in the store's ledger, if the following invoice was received from a supplier?
Notes:
(i) A 2% discount will be given for payment within 30 days.
(ii) Documents substantiating payment of excise duty is enclosed for claiming MODVAT credit.
Transcribed Image Text:
Invoice 200 units Part No. A 32 @ Rs. 5 Less 20% discount Add excise duty @ 15% Add packing charges (5 non-returnable boxes) Rs. 1,000.00 200.00 800.00 120.00 920.00 50.00 970.00
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