Question

1 sold goods to Ahmed and company 100002 goods returned by Ahmed and company 20003 received claim from Ahmed and company for defects in goods supplied to them claim was accepted and rebatewas allowed 10004 Ahmed and company settled their account by cheque rupees 7000

Answer 1

1/ cash a/c dr. 10000
To sales @/c... 10,000
( being sold goods on cash)

2/ sales returns a/c dr.. 2,000
To Ahmed. 2,000

3/Ahmed dr 1,000
To sales return a/c. 1,000

4/ Bank a/c dr..7,000
To cash a/c 7,000


HOPE U UNDERSTAND