ii. Received goods returned from M Centre of Rs. 5,000.
iii. Sold goods to M Center for Rs. 45,000.
iv. Received a cheque of Rs. 1,78,000 from M Centre in full settlement
Required:a.
Journal entry
b. M. Centre's Acc
EE-2.
Following transactions are given:
i. Goods purchased from Lina Rs. 15,000.
ii. Purchased furniture for Rs. 20,000.
iii. Goods returned for Rs. 5,000 and paid cash to Lina Rs. 5,000.
iv. Cash paid to Lina Rs. 4,500 and received discount Rs. 500.
Required: a. Journal Entries
b. Lina's Account
EE-3.
Following transactions are given:
