Question

13. Pass the journal entries for the following transactions:

a) sohan is declared as insolvent. Received from his Official

Receiver 60 paise in a rupee on a debt of ₹ 10,000.

b) Cash withdrawn by the proprietor for personal use ₹ 2000

c) Purchased goods from Hari of ₹ 100000 less 10% Trade

discount plus CGST and SGST @ 9% each. Paid by cheque

immediately and availed 2% Cash Discount. ​

Answer 1

Answer:

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