30 Swami's account is settled by cheque with 10% Discount
Prepare Swami's account from the following:
7.
2014
azary 2 Amount due to Swami
8 Goods purchased from Swami
15 Goods returned to Swami
20 Cash paid to Swami
24 Goods purchased from Swami
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Answers
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Answer:
on 8th by balance b/d( credit side ) amt u didn't gave
on 15th by purchases account ( credit side) amt u didn't gave
on 20th to purchases returns account (debit side)
on 24th by purchases account (credit side )
on 30th u didn't mentioned the amt how to settle it .
Explanation:
u should settle the amt:
first do credit total and debit total and then less
u will get the balance amt now less the discount amt and u will get amt to be settled
hope this helps you dude
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