Question

The following data is given by Mr singh, the owner, with a request to compile the two personal account of Mr Herbert and Mr Robert in the leger of Mr Singh for the month of april 2017​

Answer 1

Explanation:

4th April Mr Robert sold goods worth Rs 60000 less 10% TD to Mr Singh. 10% of the amount due was Settled in cash the next day.

6th April Mr Singh Sold goods to Mr Herbert priced at Rs 30000

17th April Mr Singh purchased goods worth Rs 20000 from Robert and sold the goods to Mr Herbert. Mr Singh maintains a profit margin of 25% on CP

18th April Mr Sight rejected 10% of

Robert's goods purchased on the 4th April

18th April Mr Singh Paid Carriage on goods returned Rs 500 to be charged to Mr Robert

19 th April Mr Singh made Cash sales worth Rs 10000 to Mr Herbert Who came personally for this Consignment of goods urgently needed by him.

Answer 2

Explanation:

your answer is in attachment

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