Question

make journal entry.
sold goods rs. 5000 at a loss of rs. 1000​

Answer 1

Answer:

cash dr. 4000rs

loss on sale dr. 1000rs

to sales 5000 rs

Answer 2

Answer:

              In the books of Journal entry

particulars                      amount    amount

cash A/C    Dr.               6000

        To, sales A/c                           5000

        To, loss on sale                       1000

[ sold goods for the Rs. 5000 with a loss of Rs. 1000 ]

workings:-   selling price of goods = 5000

                  + loss on sales                = 1000    

                      cost of goods             =  6000