Question

received claim from Ahmed and company for defects in goods supplied to them claim was accepted and rebatewas allowed 1000

Answer 1

heyaa,,,,
___________________________
¤ journal entry for received claim from Ahmed and company for defects in goods supplied to them claim was accepted and rebatewas allowed 1000. will be;
___________________________
sales return a/c dr 1000
to ahmed & co. 1000
(being goods returned by ahamed and company)

___________________________
¤ reason for debit and credit;
¤ sales return is a loss to the business so, it will be debited.
¤ giver of goods is ahmed so it will be credited.
___________________________
hope it helps.☺☺☺