Question

Return goods to Mr. A Rs.5000, return goods to Mr. B Rs.4,000 (discount 10%) and return to Mr . X Rs.3,000, show the total of return outwards book:

Answer 1

Explanation:

Rectify the following errors:

(i) Credit sales to Mridula ₹ 5,000 were recorded as ₹ 500.

(ii) Credit purchases from Nayna ₹ 8,000 were recorded as ₹ 800.

(iii) Goods returned to Priya ₹ 12,000 were recorded as ₹ 1,200.

(iv) Goods returned from Rashi ₹ 10,000 were recorded as ₹ 1,000.