Accountancy, asked by sahil3674, 1 year ago

journal entry for goods return to Shyam​

Answers

Answered by seenu003
3

Answer:

goods ac dr to customer ac

Answered by tiwariakdi
0

Answer:

Here is a journal entry for goods return to Shyam

Explanation:

                          journal entry for goods return to Shyam​

Shyam A/C debit.

          To Purchase return a/c

Journal entry:

A journal entry is an act of keeping or producing records of any economic or non-economic transaction. An accounting journal, which shows a company's debit and credit balances, records transactions. The journal entry can be mad

Account for Goods Returned - Cr. The purchaser issues a debit note to the seller of goods when returning goods acquired, whereas the seller of goods issues a credit note to the purchaser of goods or the customer. A debit note shows a positive sum, whereas a credit note shows a negative amount. e up of multiple records, each of which is either a debit or a credit.

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