CREDITNOTE

 

CREDITNOTE:

 

1.      Goods return from M/s. Ranjithpvt ltd was Rs.2000

2.      Goods return from M/s. Pavi& co was Rs. 500

3.      Credit note received from M/s. Fami& co was Rs. 400

 

 

Answer:

1.  Dr : SalesReturn                          :  2000                   ( SalesAccount)

     Cr : Ranjith pvt ltd                       :  2000                   (SundryDetors)

2.  Dr : SalesReturn                          :  500                      (SalesAccount)

     Cr : Pavi&Co                               :  500                      (SundryDetors)

3.  Dr : SalesReturn                          :  400                      (SalesAccount)

     Cr : Fami&Co                              :  400                      (SundryDetors)