Goods returned from Mahesh rs 1000 we're posted as rs 3000.1) Isme Exc

1.	Goods returned from Mahesh rs 1000 we're posted as rs 3000.1) Isme Excess debit hai ya excess credit hai? 2) kaise pahchante hai ki kisme jyada debit hai and oisme jyada credit hai. ? 3) yaha par credit and debit ka meaning kya hai. Plz ans
Answer» Our PREVIOUS entry was: SALES Return A/C Dr. 3,000 To Mahesh A/C. 3,000 Now ,what would be the entry: Sales Return A/C Dr. 1,000 To Mahesh A/C. 1,000 Now,the RECTIFIED entry will be: Mahesh A/C Dr. 2,000 To sales Return A/C. 2,000 Thnq.#$. Hope you understand the concept WELL.

Goods returned from Mahesh rs 1000 we're posted as rs 3000.1) Isme Excess debit hai ya excess credit hai? 2) kaise pahchante hai ki kisme jyada debit hai and oisme jyada credit hai. ? 3) yaha par credit and debit ka meaning kya hai. Plz ans

Answer»

Our PREVIOUS entry was:

SALES Return A/C Dr. 3,000

To Mahesh A/C. 3,000

Now ,what would be the entry:

Sales Return A/C Dr. 1,000

To Mahesh A/C. 1,000

Now,the RECTIFIED entry will be:

Mahesh A/C Dr. 2,000

To sales Return A/C. 2,000

Thnq.#$.

Hope you understand the concept WELL.

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Goods returned from Mahesh rs 1000 we're posted as rs 3000.1) Isme Excess debit hai ya excess credit hai? 2) kaise pahchante hai ki kisme jyada debit hai and oisme jyada credit hai. ? 3) yaha par credit and debit ka meaning kya hai. Plz ans

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