on 5th april 2017 raman sold goods of amount RS 34560& the payment was made through cheque. he deposited the cheque on the same day in bank. there was a need of cash so an amount of RS 4550/ was withdrawn from bank on 10 the april
gavy53:
on 10th may 2017 raman became insolvent so an amount of Rs 60 /- only can be received from him
tell me plz
fast
plz its urgent
the goods of amount Rs 3400000 /- was sold to raman kumar on 28 th march . on 5 april he sold goods of amount Rs 3450/ & the payment was made through cheque . he deposited the cheque on the same day in bank . there was a need of cash so an amount of Rs 4550/- was withdrawn from bank on 10 April 2017 . on 10 th may raman kumar became insolvent so an amount of Rs 60/ only can be received from him .
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Answers
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1
05.04.2017
Bank A/C Rs.34,560
To Sales A/C. Rs 34,560
(Being goods sold to Raman)
10.05.2017
Cash A/C. Dr. Rs.4,550
To Bank A/C. Rs 4,550
(Being cash withdrawn from bank)
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