Question

Journalise the following in the books of Madhu :
2014
April 1
April 3
April 5
April 9
Goods purchased from Raghu for 4,000 trade discount @ 10%
Above goods sold to Sohan at original price less 4% trade discount.
1/2th of the total goods returned by Sohan
Goods received back from Sohan returned to Raghu​

Answer 1

Explanation:

Purchase A/c Dr 3600

To raghu A/c 3600

Sohan A/c Dr 3840

To sales A/c 3840

Sales return A/c Dr 1920

To sohan A/c 1920

Raghu A/c Dr 1920

To purchase

return A/c 1920