Question

What is the journal entry of :
1. Goods purchased form Rajesh for Rs.60000
2. Goods returned to Rajesh for Rs.6000

Answer 1

Explanation:

PURCHSES A/C. DR. 60000

TO RAJESH 60000

RAJESH A/C. DR. 6000

TO PURCHSES RETURN 6000

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Answer 2

Answer:

Explanation:

Purchase A/c Dr.     60000

    To Rajesh A/c    60000

Rajesh A/c Dr.

    To Purchase return a/C