Accountancy, asked by Anonymous, 11 months ago

Goods returned from Mahesh rs 1000 we're posted as rs 3000.

1) Isme Excess debit hai ya excess credit hai?

2) kaise pahchante hai ki kisme jyada debit hai and oisme jyada credit hai. ?

3) yaha par credit and debit ka meaning kya hai.

Plz ans

Answers

Answered by yugrajsahi
2

Our previous entry was:

Sales Return A/C Dr. 3,000

To Mahesh A/C. 3,000

Now ,what would be the entry:

Sales Return A/C Dr. 1,000

To Mahesh A/C. 1,000

Now,the rectified entry will be:

Mahesh A/C Dr. 2,000

To sales Return A/C. 2,000

Thnq.#$.

Hope you understand the concept well.

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