Question

12. Record the following transactions in the Journal of Naresh & Co.
2018
June1 Goods sold to Harish
Rs. 30,000
June 10 Harish returned goods
Rs.2,000
June 14 Received cash from Harish Rs. 27,500 in full settlement of his account
June 23 Purchased goods from Ravi of the list price of Rs.20,000 at 15% Trade
Discount
June 25 Depreciation charged on Machinery Rs. 10,000
June 28 Commission received from Suresh & Co. Rs. 15,000
(6)​

Answer 1

Explanation:

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