Discover the answers to your questions at Westonci.ca, where experts share their knowledge and insights with you. Discover comprehensive answers to your questions from knowledgeable professionals on our user-friendly platform. Get immediate and reliable solutions to your questions from a community of experienced professionals on our platform.

received good return from m center of rs 5000 (journal entry)​

Sagot :

Answer:

Date                  Account Title                                              Debit             Credit

XX-XX-XXX      Sales returns and Allowances              Rs. 5,000

                        Accounts receivable - M Center                                   Rs. 5,000  

                         Inventory                                                Rs. 5,000

                         Cost of Goods sold                                                        Rs. 5,000