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JSS1: BUSINESS STUDIES - 3RD TERM

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Post the information given below into the Return Outward Journal.

Nov 1, 2019 Returned by the ABC company, 5 pairs of sandals valued at ₦2000.00 found to be defective.

Nov 19, 2019, Abayomi and sons returned 1 carton of Omo detergent valued at ₦2500.00 found to be defective.


Solution

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Credit the 10,250 into the general ledger while debit all customers account.

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