1.

Enter the following transaction in the Journal of Marutinandan Stores: 2017 Jan. 10 Purchased goods from Ghanshyam of the list price of ₹ 50,000 at 15% trade discount. 13 Returned goods to Ghanshyam of the list price of ₹ 2,000. 15 Paid cash to Ghanshyam ₹ 40,000 in full settlement of his account. 20 Purchased goods from Raghu of the list price of ₹ 60,000 at 10% trade discount. 22 Returned goods to Raghu of the list price of ₹ 5,000. 25 Paid cash to Raghu ₹ 49,000 in full settlement of his account.

Answer» Enter the following transaction in the Journal of Marutinandan Stores:






































2017
Jan. 10 Purchased goods from Ghanshyam of the list price of ₹ 50,000 at 15% trade discount.
13 Returned goods to Ghanshyam of the list price of ₹ 2,000.
15 Paid cash to Ghanshyam ₹ 40,000 in full settlement of his account.
20 Purchased goods from Raghu of the list price of ₹ 60,000 at 10% trade discount.
22 Returned goods to Raghu of the list price of ₹ 5,000.
25 Paid cash to Raghu ₹ 49,000 in full settlement of his account.


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