Question

Q.20.Record the following transactions of M/s Kajal Electronics in the Return
Inwards Book:
2010
Jan 15 One washing machine sold on credit to M/s Mohan and Co. for Rs.30,000
received back.
Jan 18 Received back Santro car sold for Rs.80,000.
Jan 25 Paid Rs.14,500 to Mahesh for return of one T.V.
Jan 26 Received back one electric toaster sold to Ajay on credit for Rs.10,000.​

Answer 1

Answer:

JAN 15 2010        M/S MOHAN AND CO.

                             1 WASHING MACHINES        RS 30000

JAN 26 2010         AJAY

                            1 TOASTER                              RS 10000

JOURNAL PROPER

1. SANTRO CAR A/C DR 80000

    TO DEBTOR

2. MAHESH A/C DR  14500

TO CASH A/C 14500  

Explanation: