Question

previous transaction goods sold on credit to Tushar 20000 @ 10% TD
answer Tushar a/c............Dr 18000 -----
To Sales a/c ----- 18000
[Beings goods sold on credit to Tushar @ 10% TD]
Similarly what is the transaction for following same transaction

TUSHAR RETURNED GOODS OF 250

Answer 1

Answer:

sales returns a/c-dr

to tushar a/c

Explanation:

goods has been returned so it will be entered as salesresturns account