Question

222,50
ILLUSTRATION 19.
Prepare Journal from the transactions given below:
(a) Cash paid for installation of machine
(b) Goods given away as charity
(c) Interest charged on capital @ 7% p.a. when total capital was
(d) Received 12,000 of a bad debt written off last year.
(e) Goods destroyed by fire
(7) Rent outstanding
(g) Interest on drawing
(h) Sudhir Kumar who owed me 30,000 has failed to pay the amount .
pays me a compensation of 45 p. in a rupee.
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Answer 1

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