Question

12. Jouranalise the following transactions :
(a) Ramesh became insolvent. A first and final composition of 75 paise in the rupee was received from his
official receiver. He owed a debt of
10,000
(b) Rent due to landlord
3,000
(c) Salaries due to staff
5.000
(d) Received cash for a bad debt written off last year
500
(e) Depreciation on office furniture
200
(f) Paid 500 for charity
(g) The owner purchased a motorcycle for his son
15.000​

Answer 1

Answer:

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