Question

Prepare Ranjith Account from the following information
2018.
February 01. Amount due to Ranjith
Rs. 3,500
February 04. Sold goods to Ranjith
Rs. 1,500
February 10. Paid cash to Ranjith
Rs. 1,000
February 20. Cheque received from Ranjith Rs. 800
February 25. Purchased goods from Ranjith Rs. 1,000
Rs. 200
February 26. Returned goods to Ranjith
Ranjith settled his account with 10% Discount.​

Answer 1

Answer:

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