Question

transaction 1 harini sold goods on credit to Ravi for rupees 15000 ( costing 10000) transaction 2Ravi returned the goods worth rupees 5000 (costing rupees 4000) tell me the accounting equation please​

Answer 1

Answer:

1.Ravi a/c................ dr. 15000

To Sales a/c 15000

2. Sales Return a/c......dr. 5000

To Ravi a/c 5000