Question

From the following prepare an account current, as sent by Avinash to Bhuvanesh on 31st

March, 2018 by means of products method charging interest @ 5% per annum. [10M]

Date Particulars Amount (₹)

2018

January 1

Balance due from Bhuvanesh 1,800

January 10 Sold goods to Bhuvanesh 1,500

January 15 Bhuvanesh returned goods 650

February 12 Bhuvnesh paid by cheque 1,000

February 20 Bhuvnesh accepted a bill drawn by Avinash for one month 1,500

March 11 Sold goods to Bhuvnesh 720

March 14 Received cash from Bhuvanesh 800​

Answer 1

Answer:

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