Question

Journal entry for received claim from ahmed for defects in goods sold to him claim was accepted and rebate was allowed

Answer 1

heyaa,,
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¤ Journal entry for received claim from ahmed for defects in goods sold to him claim was accepted and rebate was allowed will be ;
__________________________
sales return a/c Dr
to ahmed a/c
(being goods returned by ahemed)
__________________________
¤ reason for debit and credit ;
¤ sales return is a loss to the firm/business
so, it will be debited.
¤ ahemed is giver of defective goods so it will be credited.
__________________________
hope it helps☺☺☺