Question

12. Prepare Pavan account from the following

2018 Rs.

March 1st Goods purchased from Pavan 38000

6

th Cash paid to Pawan 5000

10th Goods returned to Pawan 1500

14th Paid to Pawan by Cheque 6800

20th Discount allowed by Pawan 500

26th Goods purchased from Pawan by cash 2500

28th Furniture purchased from Pawan 8000
​

Answer 1

debit side

to cash 5000

to purchase return 1500

to bank 6800

credit side

by purchase of goods 38000

by discount allowed 500

by furniture 8000

Answer 2

Explanation:

ledger account in the books of pavan