Question

Goods returned to Hema Traders​

Answer 1

Answer:

Commenced business with cash 1,10,000 <br> 2. Opened bank account with H.D.F.C. 50,000 <br> 3. Purchased furniture 20,000 <br> 7. Bought goods for cash from M/s Rupa Traders 30,000 <br> 8. Purchased good from M/s Hema Traders 42,000 <br> 10. Sold goods for cash 30,000 <br> 14. Sold goods on credit to M/s. Gupta Traders 12,000 <br> 16. Rent paid 4,000 18. Paid trade expenses 1,000 <br> 20. Received cash from Gupta Traders 12,000 <br> 22. Goods return to Hema Traders 2,000 <br> 23. Cash paid to Hema Traders 40,000 <br> 25. Bought postage stamps 100 <br> 30. Paid salary to Rishabh 4,000