16. Prepare Vamsi’s Account from the following
2018
* 4.400
Aug
1
Balance due to Vamsi
* 1,500
5
Purchased goods from Vamsi
* 1,200
10 Sold goods to Vamsi
* 1,000
13 Recieved cheque from Vamsi
17 Paid cash to Vamsi
100
23 Vamsi returned goods
200
29 Purchased goods from vamsi
* 500
Vamsi account settled with 5% discount
[ Ans : Cash Paid * 5,985; Discount recovered * 315 ]
Answers
Answer:
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Answer:
Date. Particulars. JF. Amt. Date. Particulars. JF. Amt.
2014 2014
Aug. Aug
10. To sales a/c. 1200. 1st. By bal b/d. 4400
17. To cash a/c. 100. 5. By pur a/c. 1500
13. By bank a/c. 1000
23. By pur.ret a/c. 200
29. By pur a/c. 500
29. By discount a/c. 250
Aug
30. To bal c/d. 6550
7850. 7850
Sep
1st. By balance b/d. 6550