MessrsElectronics supplied goods on Sale or Return basis, the particularsof which are as under :Date of DespatchParty's NameАтоunt$Other Particulars10-3-2015АВС Со.2,6003,4001,90014-3-2015 – Returned17-3-2015 – Sold25-3-2015 – Goods worth15-3-2015XҮZ Co.20-3-2015PQR Co.$800 returnedNo intimation 31-3-20152,2001,70027-3-2015ХҮZ Co.28-3-2015PQR Co.-do-The books of Awaaz Electronics are closed on 31st day of March each year.Exhibit the entries as they would appear in the books of Awaaz Electronics viz. the "Goods sent on Saleor Return Day Book", “Goods on Sale or Return & Sold Returned Day Book" and show how the "Goods onSale or Return Total Account" would appear.

Name: MessrsElectronics supplied goods on Sale or Return basis, the particu
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Description: MessrsElectronics supplied goods on Sale or Return basis, the particularsof which are as under :Date of DespatchParty's NameАтоunt$Other Particulars10-3-2015АВС Со.2,6003,4001,90014-3-2015 – Returned17-3-2015 – Sold25-3-2015 – Goods worth15-3-2015XҮ

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Accounting

Messrs Electronics supplied goods on Sale or Return basis, the particulars of which are as under : Date of Despatch Party's Name Other Particulars Атоunt 2$ 10-3-2015 АВС Со. 2,600 3,400 1,900 14-3-2015 – Returned 15-3-2015 XҮZ Co. 17-3-2015 – Sold 20-3-2015 PQR Co. 25-3-2015 – Goods worth $800 returned No intimation 31-3-2015 2,200 1,700 27-3-2015 XYZ Co. 28-3-2015 PQR Co. -do- The books of Awaaz Electronics are closed on 31st day of March each year. Exhibit the entries as they would appear in the books of Awaaz Electronics viz. the "Goods sent on Sale or Return Day Book", "Goods on Sale or Return & Sold Returned Day Book" and show how the "Goods on Sale or Return Total Account" would appear.

Messrs Electronics supplied goods on Sale or Return basis, the particulars of which are as under : Date of Despatch Party's Name Other Particulars Атоunt 2$ 10-3-2015 АВС Со. 2,600 3,400 1,900 14-3-2015 – Returned 15-3-2015 XҮZ Co. 17-3-2015 – Sold 20-3-2015 PQR Co. 25-3-2015 – Goods worth $800 returned No intimation 31-3-2015 2,200 1,700 27-3-2015 XYZ Co. 28-3-2015 PQR Co. -do- The books of Awaaz Electronics are closed on 31st day of March each year. Exhibit the entries as they would appear in the books of Awaaz Electronics viz. the "Goods sent on Sale or Return Day Book", "Goods on Sale or Return & Sold Returned Day Book" and show how the "Goods on Sale or Return Total Account" would appear.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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