sold goods to Mr. sen on credit for 8000, Mr. sen returned goods valued 1000, received cash from Mr. sen of 6500 in full settlement
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Explanation:
Mr. Sen A/c. Dr. 8000
To Sales A/c. 8000
Sales Return A/c. Dr. 1000
To Mr. Sen A/c. 1000
Cash. A/c. Dr. 6500
Discount Allowed A/c. Dr. 500
To Mr Sen A/c. 7000
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