Question

Pass journal entries in the books of Swati and prepare Jassi's Account in the ledger:
Goods sold to Jassi on credit
March 7 Jassi retumed goods
March 9 Cash received from Jassi
Discount allowed
50,000
11,000
9,800​

Answer 1

Answer:

.prepare Jassi's Account in the ledger:

prepare Jassi's Account in the ledger:Goods sold to Jassi on credit

prepare Jassi's Account in the ledger:Goods sold to Jassi on creditMarch 7 Jassi retumed goods

prepare Jassi's Account in the ledger:Goods sold to Jassi on creditMarch 7 Jassi retumed goodsMarch 9 Cash received from Jassi

prepare Jassi's Account in the ledger:Goods sold to Jassi on creditMarch 7 Jassi retumed goodsMarch 9 Cash received from JassiDiscount allowed

prepare Jassi's Account in the ledger:Goods sold to Jassi on creditMarch 7 Jassi retumed goodsMarch 9 Cash received from JassiDiscount allowed50,000

prepare Jassi's Account in the ledger:Goods sold to Jassi on creditMarch 7 Jassi retumed goodsMarch 9 Cash received from JassiDiscount allowed50,00011,000

prepare Jassi's Account in the ledger:Goods sold to Jassi on creditMarch 7 Jassi retumed goodsMarch 9 Cash received from JassiDiscount allowed50,00011,0009,800