Question

16. Journalise the following transactions in the books of Shri Manoj, Kolkata
(i) Purchased goods from M/s Prabhat Electricals, Delhi < 10,000 less 10% Trade Discount
Cheque was issued immediately and availed 2% Cash Discount on purchase price.
(ii) A debt of 10,000 that was written off as bad debt in the past, now received only Rs. 1,000
(iii) Shyam became insolvent. A first and final compensation of 75 paise in a rupee was
received from his Official Receiver. He owed us 10,000
(iv) Placed an order with Rakesh Mohan for the supply of goods of the list price of * 1,00,000.
in this connection, paid 10% of the list price as an advance by cheque.
March 2013 is​

Answer 1

Answer:

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