Accountancy, asked by renukapandey, 1 year ago

Plz tell me the journal entry of
Due to some defect ashok returned goods of rs. 10000

Answers

Answered by jerri
2
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

renukapandey: Tysm
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