Prepare Ajay’s account as it would appear in the books of Vijay.
|
2009 |
May 1 |
Sold goods to ajay |
25,000 |
|
May 2 |
Received from ajay |
10,000 |
|
|
May 7 |
Purchased goods from ajay |
9,000 |
|
|
May 9 |
Paid to ajay |
5,000 |
|
|
May 12 |
Sold goods to ajay |
15,000 |
|
|
Allowed him discount |
1,000 |
||
|
May 15 |
Ajay returned goods |
2,500 |
|
|
May 16 |
Received cash from ajay |
7,500 |
|
|
May 19 |
Sold goods for cash to ajay |
4,000 |
|
|
May 24 |
Purchased goods from ajay |
15,000 |
|
|
Discount received from him |
1,500 |
||
|
May 27 |
Paid to ajay |
10,000 |
|