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Open T share account of our creditor ‘Raghubir’ and write the following transactions on the proper side:-

1. Purchased goods from Raghubir on credit for ₹ 50,000.

2. Returned goods to Raghubir for ₹ 5,000.

3. Paid to Raghubir ₹ 30,000.

4. Purchased goods from Raghubir on credit for ₹ 16,000.

5. Paid to Raghubir ₹ 20,000.

[Ans. Debit side 2, 3, 5; Credit side 1, 4.]

Anurag Pathak Answered question June 5, 2024
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