Question

25. Record the following transactions in the journal of Ramakant:
2017
Jan. 1
Started business with cash 30,000, goods 40,000 and
furniture 30,000.
Jan. 4 Bought goods from Ashok 20,000 and Rakesh 15,000.
Jan. 7 Sold goods bought from Ashok at a profit of 50% less 20%
trade discount to Amar.
Jan. 10
Amar paid the amount due under cash discount of 2% by
cheque.
Jan. 12
Half the goods bought from Rakesh is sold at a profit of 20%
to Ram. Carriage charges paid 100 but it is not to be charged
to customer.
Jan. 13
Gopi sold us goods for 25,000
Jan. 14
Cheque of Amar endorsed to Gopi and balance amount paid
in cash.
Jan. 19
A second hand machinery is purchased for 18,000 from Gopal
for cash. Paid 500 for carriage and 1,500 on its repair.
Jan. 22
Goods costing 1000 (sales price*1200) is stolen.
Jan. 27
Goods costing * 3,000 (Sales price 4,000) is taken by owner
for personal use.
Jan. 29
Allow interest on capital 2,500.
Jan. 30 Wages due but not paid to Sohan 1,500.
[Ans. Total 2,70,100]​

Answer 1

Please post the question properly

Answer 2

Answer:

Record the following transactions in the journal of Ramakant:2019Jan. 1Jan. 4Jan. 7Jan. 10Jan. 12Jan. 13Started business with cash 30,000, goods 40,000 and furniture 30,000.Bought goods from Ashok 20,000 and Rakesh 15,000.Sold goods bought from Ashok at a profit of 50% less 20%trade discount to Amar. Amar paid the amount due under cash discount of 2% by cheque.Half the goods bought from Rakesh is sold at a profit of 20% to Ram. Carriage charges paid 100 but it is not to be charged to customer.Gopi sold us goods for 25,000Jan. 14 Cheque of Amar endorsed to Gopi and balance amount paid in cash.Jan. 19Jan. 22A second hand machinery is purchased for 18,000 from Gopal for cash. Paid 500 for carriage and 1,500 on its repair. Goods costing 1000 (sales price1200) is stolen.Jan. 27 Goods costing3,000 (Sales price 4,000) is taken by owner for personal use.Jan. 29Jan. 30Allow interest on capital 2,500.Wages due but not paid to Sohan 1,500.