Question

Rejected and return 10%of goods supplied by mohan

Answer 1

$\mathbb{Heya\:mate..!!}$

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$\bold{Q.}$ Rejected and return 10%of goods supplied by mohan.

$\bold{Ans.}$ Journal entry for the above transaction is,

Sales A/C__________________Dr.
__________To Moahn__________


$\huge{Hope\:it\:helps...}$

Answer 2

Question:

Rejected and return 10%of goods supplied by mohan. Show the journal Entry.

Answer:

Explanation:

For solving this problem, we have to know what is journal Entry. In accounting, a journal entry is logging of the transaction into accounting journal items. The journal entry can consist of several recordings like each of which is either a debit or a credit.

            IN the books of Journal entry

Particulars                          Amount Amount

purchase return A/C  Dr.       ****

     To, Mohan  A/C                               ****

[ being goods rejected and returned ]

Notes:

" **** " = amount of 10% of the goods