Question

January 13: Goods returned to Shamde Sherpa Rs. 2.500.​

Answer 1

Answer:

Shamde Sherpa A/c---------Dr

To purchase return a/c

Answer 2

Answer:

13/01   Shamde Sherpa A/c     Dr     2500

               To Purchases Return A/c   2500

Explanation:

Whenever goods are bought on credit and later returned the creditor is always debited and purchase return is a separate account which is credited and later reduced from purchases.