Please answer me and help me do these questions
Answers
Answer:
1. purchases a/c Dr. 60000
To mohan 60000
2. Ram Dr. 90000
To sales a/c 90000
3. sales return Dr. 15000
To Ram 15000
4. Mohan Dr. 15000
To purchases return 15000
5. Mohan Dr. 45000
To cash a/c 44100
To disc receive 900
6. Bank a/c Dr. 73500
disc allowed Dr. 1500
To Ram 75000
Hope it helps..
mark as brainlist answer..
pls
Answer:
1. PURCHASES ACCOUNT __ DR 60000
TO MOHAN 60000
Explanation:
being goods are purchased on credit
2. RAM ACCOUNT ____DR 90000
TO SALES 90000
BEING goods are sold to Ram for 90000..
3. SALES RETURN ACCOUNT __DR 15000
TO RAM 15000
BEING GOODS RETURNED BY RAM
4. MOHAN ACCOUNT____DR 15000
TO PURCHASE RETURN 15000
BEING GOODS ARE PURCHASED FROM MOHAN