9.
Anand bought goods from Vijay for * 2,800 less 10% trade discount on June 1, 2018. Anand
paid † 1,000 in cash and accepted a bill drawn by Vijay for the balance payable after 3
months. On the due date the bill is duly met. Show journal entries and ledger accounts in the
books of Anand and Vijay.
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Answer:
No of goods brought from Vijay is ; 2,800
no of cash balance payable after 3 months is ; 1,000
total bills= 2,800+1,000=3,800
answer=3,800
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