Question

A trade sold on credit to one of his customers for 2000.after two days, the customer returned some of the goods worth 300 which were in damaged condition. The trader received back the goods.later when the customer paid 1,700,

Answer 1

Answer:

Customer's account. dr 2000

To sale account. 2000

sale return account dr 300

To Customer's a/c. 300

Cash account. dr 1700

To customer's account 1700