Accountancy, asked by Rvr, 1 year ago

journal entery#goods returned by johansan​


tanmoyvestige: Is that helpful to you
tanmoyvestige: Hello

Answers

Answered by tanmoyvestige
3

Answer

Golden Rules of Journal

Personal account rule

Debit- The receiver.  

Credit- The giver.  

Real account rule

Debit- What comes in.  

Credit- What goes out.  

Nominal account rule

Debit- All expenses and losses.  

Credit- All incomes and gains.  

Now

The journal entry will be

Sales Return A/C      DR

       To Johansan's A/C

(Being goods returned by Johansan)

                                                                                                                   

Answered by Sweetums
0

Answer:

Sales return account dr

To johansan account

[being good returned ]

In this entry the good were returned by the Johanson so the sales return is debited

And the goods were returned by johnsan so johnsan is credit..= credit the giver

Similar questions