1-good sold on credit to ram 15000
2- goood return from ram as defective of rs 5000
3- good return from ram to hari at rs 5000
The accouting entry for the above question is:
- Goods sold on credit: Ram A/c Dr ₹15,000 to Goods A/c ₹15,000
- Goods return from Ram as defective of ₹5,000 - Create a credit note for it exactly similar to purchase account.
- Goods return from Ram to Hari - Similar to the above.