Question: Goods are sold by a firm in crates, purchased at 7/6d each. Customers of the firm are charged 10/- and allowed 6/- for each crate returned within a specific period.
At Balance Sheet dates, stocks are valued at 5/- each. Write up the Ledger Accounts for the year ended 30th June, 1962, from the following information:
![91_Customers.png](https://secure.tutorsglobe.com/CMSImages/91_Customers.png)
Re-printed by courtesy of the Society of Incorporated Accountants (S.A.A.).