Question

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
[Ano​

Answer 1

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