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