1.

Write the Debit and Credit for the following accounting Transactions (a) Returned goods to Vinu Rs. 5000 (b) Price of goods sold to Mohan reduced by Rs. 500 (c) Vinu returned goods worth Rs. 3000

Answer»
TransactionDebitCredit
a)Vinu a/cPurchase Returns a/c
b)Sales Returns a/cMohans a/c
c)Sales Return a/cVenu's a/c


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