Question

Ram returns goods journal entry

Answer 1

If you Ram has purchased goods from you then the entry will be as: Purchase account debit; and Ram account credit...... If Ram takes loan from you then the entry will be:...Loan given account debit; and Ram account credit.

In all situations of such transaction, Ram account will be credited

.If you like to read about GST visit GST Basics - Understanding the basics of Goods and Services Tax.

Answer 2

Answer:

ramu a/c dr

to cash

Explanation:

ramu returns goods rs 500