Question

27. From the following particulars you are required to prepare Mr. X's personal account
2020, Mar 1. Amount due to Mr. X as on this date Rs. 42,000
3.Mr. X sold his old scooter Rs. 4,200
7. Mr. X bought goods Rs. 6,500
9. Mr. X received cash Rs.3,800
12. Mr. X paid rent to us Rs. 6,000
16. Mr. X received returned goods Rs.800
20. Mr. X's goods were purchased on cash Rs. 7,200
22. Mr. X's furniture purchased Rs. 8,400
26.Sold goods to Mr. X Rs. 6,700
28. Return of goods from Mr. X Rs. 700
31. Mr. X's account was settled with a discount of 10%
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Answer 1

Answer:

27. From the following particulars you are required to prepare Mr. X's personal account

2020, Mar 1. Amount due to Mr. X as on this date Rs. 42,000

3.Mr. X sold his old scooter Rs. 4,200

7. Mr. X bought goods Rs. 6,500

9. Mr. X received cash Rs.3,800

12. Mr. X paid rent to us Rs. 6,000

16. Mr. X received returned goods Rs.800

20. Mr. X's goods were purchased on cash Rs. 7,200

22. Mr. X's furniture purchased Rs. 8,400

26.Sold goods to Mr. X Rs. 6,700

28. Return of goods from Mr. X Rs. 700

31. Mr. X's account was settled with a discount of 10%