Question

enter the following transaction in the journal of ganesh 2005 3 sold goods to dev 1,00,0005 received from dev in full settlement of his account 98000 6 sold goods to manmohan 80000 8 Manmohan returned goods 1000 15 received from manmohan in full settlement of his account 78200 16 received cash from ram 19500and discount allowed 500

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Answer 1

Answer:

Cash A/C Dr 98000

Discount Allowed A/C Dr 20000

To Sales A/C 100000

Cash A/C Dr 78200

Discount Allowed A/C Dr 800

To Sales A/C 79000

Cash A/C Dr 19500

Discount Allowed A/C Dr 500

To Sales A/C 20000