Prepare a purchases return (journal) book from the following transactions for April 2017. 2017 April 05 10
Question:
Prepare a purchases return (journal) book from the following transactions for April 2017.
Transcribed Image Text:
2017 April 05 10 17 28 Returned goods to M/s Kartik Traders Goods returned to Sahil Pvt. Ltd. Goods returned to M/s Kohinoor Traders. for list price 2,000 less 10% trade discount. Return outwards to M/s Handa Traders 1,200 2,500 550
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 85% (7 reviews)
Purchases Return Journal Book Date Supplier Details Total 20170405 Ms Kar...View the full answer
Answered By
Ma Kristhia Mae Fuerte
I have extensive tutoring experience, having worked as a private tutor for over three years. I have tutored students from different academic levels, including high school, undergraduate, and graduate levels. My tutoring experience has taught me to be patient, attentive to student needs, and effective in communicating difficult concepts in simple terms.
I have a strong background in statistics, probability theory, data analysis, and data visualization. I am proficient in using statistical software such as R, Python, and SPSS, which are commonly used in academic research and data analysis. Additionally, I have excellent communication and interpersonal skills, which enable me to establish rapport with students, understand their learning styles, and adapt my teaching approach to meet their needs.
I am passionate about teaching and helping students achieve their academic goals.
0.00
0 Reviews
10+ Question Solved
Related Book For
Accountancy Financial Accounting Part 1 Textbook For Class 11
ISBN: 9788174505071
1st Edition
Authors: NCERT
Question Posted:
Students also viewed these Business questions
-
Brookes Books is a retail book store. The company is owned by Brooke Riley, the only shareholder (to be). Brooke has asked you to keep the records for the store and to prepare its financial...
-
Refer to AP3-4. Alpine Stables, Inc., is established in Denver, Colorado, on April 1, 2017, to provide stables, care for animals, and grounds for riding and showing horses. You have been hired as the...
-
The following transactions for Nielsen Architects occurred during December of the current year. Follow the step-by-step instructions to record the transactions, process the adjusting entries, and...
-
The Unilever Bangladesh Limited has a plant in Narayanganj, manufacturing Dove shampoo made from the ingredient imported from abroad. The company claims that each bottle of 200ml contain on average...
-
Under what conditions should an employer accrue an expense and the related liability for employees compensation for future absences? How do company custom and practice affect the accrual decision?
-
What is a subsidiarys functional currency? a. The parents reporting currency. b. The currency in which transactions are denominated. c. The currency in which the entity primarily generates and...
-
Find the probability of randomly selecting an adult from the sample who does not prefer a comedy.
-
Rob Company purchases a 90% interest in Venus Company for $418,500 on January 1, 2013. Any excess of cost over book value is attributed to equipment, which is being depreciated over 20 years. Both...
-
Total Assets You are the Business Manager of Garden Sales, Inc and the bank has asked you to prepare a cash and carnings budget/forecast and Pro-Forma Balance Sheet and Income Statement for the next...
-
Prepare Return Inward Journal (Book) from the following transactions of M/s Bansal Electronics for July 2017: 2017 July 04 M/s Gupta Traders returned the goods Goods returned from M/s Harish Traders...
-
Enter the following transactions in sales (journal) book of M/s.Bansal electronics: 2014 September 01 22 28 Sold to Amit Traders as per bill no.4321 20 Pocket Radio @ 70 per Radio n 2, T.V. set, B&W....
-
What can you do with 5G that you cant do with 4G?
-
Aircraft \(B\) has a constant speed of \(150 \mathrm{~m} / \mathrm{s}\) as it passes the bottom of a circular loop of 400-m radius. Aircraft \(A\) flying horizontally in the plane of the loop passes...
-
A small inspection car with a mass of \(200 \mathrm{~kg}\) runs along the fixed overhead cable and is controlled by the attached cable at \(A\). Determine the acceleration of the car when the control...
-
An aircraft \(P\) takes off at \(A\) with a velocity \(v_{0}\) of \(250 \mathrm{~km} / \mathrm{h}\) and climbs in the vertical \(y^{\prime}-z^{\prime}\) plane at the constant \(15^{\circ}\) angle...
-
If each resistor in Figure P31.75 has resistance \(R=5.0 \Omega\), what is the equivalent resistance of the combination? Data from Figure P31.75 wwwwww wwwww www www wwwww
-
Identify the proper point to recognize expense for each of the following transactions. a. Kat Inc. purchases on credit six custom sofas for \(\$ 800\) each in June. Two of the sofas are sold for \(\$...
-
Think about your post graduation job search as a strategic decision. How would the strategic management model be helpful to you in identifying and securing the most promising position?
-
On 1 July 2021, Croydon Ltd leased ten excavators for five years from Machines4U Ltd. The excavators are expected to have an economic life of 6 years, after which time they will have an expected...
-
Assume that a firm separately determined inventory under FIFO and LIFO and then compared the results. 1. In each space below, place the correct sign [less than ( ), or equal (=)] for each comparison,...
-
Based on the data in Exercise 7-11 and assuming that cost was determined by the FIFO method, show how the merchandise inventory would appear on the balance sheet.
-
Why should the employee who handles cash receipts not have the responsibility for maintaining the accounts receivable records? Explain.
-
Famas Llamas has a weighted average cost of capital of 8.8 percent. The companys cost of equity is 12 percent, and its pretax cost of debt is 6.8 percent. The tax rate is 22 percent. What is the...
-
The common stock of a company paid 1.32 in dividens last year. Dividens are expected to gros at an 8 percent annual rate for an indefinite number of years. A) If the company's current market price is...
-
(1 point) Bill makes annual deposits of $1900 to an an IRA earning 5% compounded annually for 14 years. At the end of the 14 years Bil retires. a) What was the value of his IRA at the end of 14...
Study smarter with the SolutionInn App