Plz tell me the journal entry of
Due to some defect ashok returned goods of rs. 10000
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hello Renuka
here is your answer ...
Since Ashok returned goods worth ₹10,000..
That means he purchased it earlier...
So think what he would have recorded when he purchased
Purchases A/C Dr. 10,000
>>To Sundry creditors A/C 10,000
●Now, he returned that good ..
So entry would be
Sundry Creditors A/C Dr. 10,000
>>To purchase return A/C 10,000
(Being goods returned worth ₹10,000)
hope it helps
jerri
here is your answer ...
Since Ashok returned goods worth ₹10,000..
That means he purchased it earlier...
So think what he would have recorded when he purchased
Purchases A/C Dr. 10,000
>>To Sundry creditors A/C 10,000
●Now, he returned that good ..
So entry would be
Sundry Creditors A/C Dr. 10,000
>>To purchase return A/C 10,000
(Being goods returned worth ₹10,000)
hope it helps
jerri
renukapandey:
Tysm
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