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3 years ago

Shiva returns goods worth Rs.2000 and received cash Rs.8000 ?

Business

1 answer:

Reika [66]3 years ago

6 0

Answer:

When goods were sold to Shiva :

Shiva A/C Dr Rs.10,000

To Sales A/C Rs.10,000

(Being goods sold to Shiva)

When goods are being returned by Shiva :

Sales Returns A/C Rs.2000

To Shiva A/C Dr Rs.2000

(Being goods returned by Shiva)

When Cash is received from Shiva :

Cash A/C Dr Rs.8000

To Shiva A/C Rs.8000

(Being Cash received from Shiva)

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1 year ago

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b. She should develop herself as the EMV of developing is $1.125 million, which is higher than the EMV of selling.

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2 years ago

During its first year of operations, Maria Rose invested $25,000 in Roseland Inc. in exchange for its common stock. The company

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Answer:

$80,000

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3 years ago

Shiva returns goods worth Rs.2000 and received cash Rs.8000 ?​

Shiva returns goods worth Rs.2000 and received cash Rs.8000 ?