Practice Test

Umesh sends goods on approval basis as follows: DATE :-January , 2006 ,8 ; CUSTOMER'S NAME :-A : Sale PRICE OF GOODS SENT:-Rs.3,500 :GOODS ACCEPTED :-Rs.3,000 :GOODS Returned :-Rs..500 , DATE :-January , 2006 ,10 ; CUSTOMER'S NAME :-B : Sale PRICE OF GOODS SENT:-Rs.2,800 :GOODS ACCEPTED :-Rs.2,800 :GOODS Returned :-Rs..--- ,:DATE :-January , 2006 ,15 ; CUSTOMER'S NAME :-C: Sale PRICE OF GOODS SENT:-Rs.3,680 :GOODS ACCEPTED :-Rs.--- :GOODS Returned :-Rs..3,680 , DATE :-January , 2006 ,22 ; CUSTOMER'S NAME :-D : Sale PRICE OF GOODS SENT:-Rs.1,260 :GOODS ACCEPTED :-Rs.1,000 :GOODS Returned :-Rs..260 , The stock of goods sent on approval basis on 31st Jan will be

The balance in Z's A/c in the Approval Ledger will

Sales or Return day book and Sale or Return ledger are known as