4. The following data is given by Mr. S, the owner, with a request to compile only the two personal accounts
of Mr. H and Mr. R, in his ledger, for the month of April, 2018,
Mr. S owes Mr. R 15,000; Mr. Howes Mr. S 20,000,
4 Mr. R sold goods worth 60,000 @ 10% trade discount to Mr. S.
5 Mr. S sold to Mr. H goods prices at 30,000,
17 Record a purchase of 25,000 net from R, which were sold to H at a profit of 15,000
18 Mr. S rejected 10% of Mr. R's goods of 4th April,
19 Mr. S issued a cash memo for 10,000 to Mr. H who came personally for this consignment of
goods, urgently needed by him.
22 Mr. H cleared half his total dues to Mr. S, enjoying a % cash discount for the payment received,
20,000 was by cheque).
26 R's total dues (less + 10,000 held back) were cleared by cheque, enjoying a cash discount of
+ 1,000 on the payment made.
29 Close H's Account to record the fact that all but 5,000 was cleared by him, by a cheque, because
he was declared bankrupt.
30 Balance R's Account.
(S.M.)
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Answer:
We have to add them make a proper amount and and the 10percant rejected after this and then +20,000 and divide 4 then your ans came Thank you.
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this is answer of the question asked above
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