Question

Question 1 From the following information prepare a ledger account of Mr.X in the books of Mr. Y: [10] Apr 21 01 Mr.X purchased goods from Yworth Rs. 10,000 05 Returned goods to Mr. Y Rs. 500 09 Sold goods to Mr. Y by Mr.X costing Rs. 4,000 for Rs. 5,000 11 Returned goods to Mr X by Mr. Y worth Rs. 350 13 Cash Received from Mr.X by Cheque Rs. 8,000 15 Payment made by Mr. Y Rs. 2,000 in cash.​

Answer 1

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