Question

9(b).

Record the following transactions in the journal of Amit:

2019

•Jan. 3 Bought goods from Gopi of list price 40,000 less Trade

•Jan. 6 = Discount 10%. Deepak sold us goods of list price 30,000 less 15% trade discount.

•Jan. 9 = Goods returned to Gopi of list price 5,000.

•Jan. 13 = Goods returned to Deepak of list price 4,000.

•Jan. 15 = Settled the account of Gopi under a cash discount of 2%.

•Jan. 19 = Paid Deepak 22,000 in full settlement of his account.

[Ans. Total 1,23,000]​

Answer 1

9(b).

Record the following transactions in the journal of Amit:

2019

•Jan. 3 Bought goods from Gopi of list price 40,000 less Trade

•Jan. 6 = Discount 10%. Deepak sold us goods of list price 30,000 less 15% trade discount.

•Jan. 9 = Goods returned to Gopi of list price 5,000.

•Jan. 13 = Goods returned to Deepak of list price 4,000.

•Jan. 15 = Settled the account of Gopi under a cash discount of 2%.

•Jan. 19 = Paid Deepak 22,000 in full settlement of his account.

[Ans. Total 1,23,000]

Answer 2

jan3. purchase a/c Dr. 36000.

to Gopi a/c 36000

(being goods purchase at 10%dis.)