Accountancy, asked by aniketanand11, 1 year ago

costing 20000 of goods returned to ravi​

Answers

Answered by kingleo89
1

Answer:

Ok kindly look into the following journal entry

Explanation:

If we purchased good then the J. E will be Purchase A/C .........Dr (20,000)

To Ravi A/C (20,000)

In case of return J. E will be

Ravi A/C ........Dr. (20,000)

To purchase return A/C (20,000)

Answered by abhinav3513
0
According to the statement we have puchased goods from Ravi(supplier).
Now, we are sending goods back to him.

ENTRY IS AS FOLLOWS—-

Ravi a/c——dr.
To purchases return a/c
(Being goods given back to ravi as purchases return)

MARK THIS ANS AS BRAINLIEST IF THIS ASSISTS YOU.
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