Question

Shri Gujarat Stores does not maintain separate subsidiary books for transactions of bill

receivable, bill payable, purchase returns and sales return. Record the following transactions in the

Journal Proper:

(1) Drew a bill of Rs. 8,000 on Ramnik which he accepted and returned.

(2) Accepted a bill of Rs. 3,000 drawn by Vijay and returned to him.

(3) Bill receivable of Ramnik endorsed to Ramesh.

(4) Goods of Rs. 3,000 returned by Paresh to s.

(5) Goods of Rs. 1,500 returned to Mahendra.​

Answer 1

Answer:

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Answer 2

Answer:

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