10. Open a “T shape account of creditor, Rakesh’, and write the following transactions on the proper side:
₹ | ||
---|---|---|
(i) | Goods purchased from Rakesh on credit | 50,000 |
(ii) | Goods returned to Rakesh for | 5,000 |
(iii) | Paid to Rakesh | 20,000 |
(iv) | Purchased goods from Rakesh on credit | 10,000 |
T.S.Grewal/2024 Edition/Practical Problems/Q-10
For full question, please refer to the text book T.S.Grewal’s Double Entry Book Keeping-Financial Accounting, Textbook for CBSE Class XI published by Sultan Chand & Sons Pvt. Ltd.