7. From the following information prepare Praveen's Account as on 31-03-2014 2014 March 7 Balance due from Praveen Rs. 3.500 7 Sold goods to Praveen 10 Purchased goods from Praveen Rs. 1,500 Puri Rs. 1,000 15 Paid cash to Praveen Rs. 800 23 Received cash from Praveen Rs. 500 Rs. 200 25 Returned goods to Praveen Praveen settled account with 10% Discount [Ans]
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cash received 4050
discount account 450
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