Question

10.000
16 Journalise the following transactions:
(1) Shyam became insolvent. Compensation of 75 paise in a
rupee was received from his Official Receiver. He owed us
(1) Received cash from Ramesh whose account was written off last year as bad debt
5.000
(ii) Rent due to landlord
8.000
(iv) Salaries due to staff
10,000
(v) Placed an order with Rakesh for supply of goods of the list price of * 1,00,000. In this
connection, Raman paid 10% of the list price as an advance by cheque.
(1) Supplied goods costing 3,600 to Sanjay. Issued invoice at 20% above cost less
10% Trade Discount.​

Answer 1

Answer:

ce by cheque.

(1) Supplied goods costing 3,600 to Sanjay. Issued invoice at 20% above cost less

10% Trade Discount.