Question

0.25. Journalise the following:
2017
March 4 Purchased building for 71,50,000 and incurred expenses of 10,000 on its purchase.
March 10 Satish who owed us 20,000 is declared insolvent and 60 paise per is received from
his estate.
March 15 Paid 500 for repairing the office furniture.
March 18 Proprietor withdrew for his personal use cash 5,000 and goods worth 2,000.
March 20 Purchased the following items for business :
Iron Safe 15,000; Filing Cabinet 5,000; Computer 312,000; Postage 3200 and
Stationery 150.
March 28 Paid electricity charges 1,600
en​

Answer 1

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