Q3) Dev owns
a business selling Furniture
The following transactions took place during August 2020...
Date
Details
Aug 9
Sold goods on credit to Petra $675
14 august
Petra returned damaged goods to Dev $120
29-August
Petra settled her outstanding balance
at 1 August by credit transfer after taking
cash discount of 5%.
on 1st August 2020, the balance on credit customers
peter
was $940 debit)
Prepare a/c of petra in Dev's ledger. Balance the account
and bring down the balance on 1 Sept 2020.