Question

Goods worth 25,000 purchase from X Traders, Mumbai found defective and returned to him.​

Answer 1

Answer:

25,000

Explanation:

If the goods were found defective than after returning them Mumbai will receive his 25,000 back in the form of a refund

Answer 2

• Purchase A/c dr. 25,000

To X Traders 25,000

( being the goods purchased on credit )

• X Traders dr. 25,000

To Purchase Return A/c 25,000

( Being the goods returned )