Accountancy, asked by sahil7874, 10 months ago

journal entry Sehwag returned one third of the goods

Answers

Answered by tylersovetsky30

1

Answer:

In the case of a cash refund, the store will make the following journal entry:

Account Title:

Debit---

Credit---

Sales Returns and Allowances: 10.00

Sales Taxes Collected: 0.60

Cash: 8.10

Sales Discount: 2.50

Explanation:

Previous Question

Next Question

Similar questions

History, 5 months ago

essay on the historical sources of medieval period I want information ...

Social Sciences, 5 months ago

what is the importance of a family...

Math, 5 months ago

..18.A card is drawn at random from a well-shuffled deck of playing cards. Find the probability that the card drawn is: i) a card of spade or an ace ii) a black king iii) neither a jack nor a king. iv) either a king or a queen...

Physics, 10 months ago

if a man jumps out from a boat ,the boat moves backwardward .why?

Chemistry, 10 months ago

What is the word equation for: Lithium + water = ?????

Geography, 1 year ago

Write three racial segration system practiced by hitlar...

Science, 1 year ago

identify correct sequence given below . 1. organ level - tissue level - cell level - system level 2. cell level - organ level - tissue level - system level 3. system level - tissue growth - cell - organ level 4. cell level - tissue level - organ level - system level.

English, 1 year ago

How can we make one important change in the life of a farmer...