Question

Bought goods wroth 2100 from ramesh and supplied them to suresh at 3000 suresh returned goods wroth 100 which turn werw sent to ramesh find journa entry​

Answer 1

Answer:

Resource depletion is the consumption of a resource faster than it can be replenished. Natural resources are commonly divided between renewable resources and non-renewable resources. Use of either of these forms of resources beyond their rate of replacement is considered to be resource depletion.

Answer 2

Journal entry

Purchase a/c ……… Dr.

To Ramesh a/c

( Being the goods purchased from Ramesh )

Suresh a/c ……… Dr.

To Sales a/c

( Being the goods supplied to Suresh )

Return Inward a/c ……… Dr.

Suresh a/c

( Being the goods returned by Suresh )

Ramesh a/c ……… Dr.

To Return outward a/c

( Being the goods sent to Ramesh )

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