Question

28. Journalise the following transactions in the books of Gopal, a trader of Delht: To
MI) Bad debts Recovered
2019
May 1 Purchased building and issued cheque R$ 2,00,000
May 2 Withdrawn goods costing Rs. 5,000 for Wersonal use (Sales Price Rs 6000
Chere for Rs.5.000 Received from Madhav was deposited into bank, returned dishonoured.
May 6 Paid Landlord Rs. 1500 for Rent
hold furniture for Rs. 5,000. The Proceeds were invested into business,
May10 Sold household furniture for Rs. 5,000. The proceeds w
In cash Rs. 9800 to Sohan of Delhi on his account for Rs. 10,000 in settlement.
May 12 Rs. 2,000 due from Madhav were bad debts.
May 14 Paid Salaries for the month Rs. 20,000
May 16 Paid to Rahul by Cheque (discount Rs.3.200) - 61.300
ods costing Rs. 5,000 to Anita fortash at a profit of 20% on cost, less 5% Trade Discount
May 20 Depreciation of Rs. 5,000 was provided on the machinery at the end of the year
May 24 Goods costing Rs. 1,000 damaged by fue and insurance Company accepted claim of Rs. 8.00 and
Cheque is received from the Insurance Company.
May 26 Goods used in making furniture (Sale Price Rs.2000; Cost Rs. 1,500)
May 28 Provided interest on capital of Rs. 1,00,000 @10% PA.
May31 Rs. 5,000 Directly Deposited in Bank by a debtor Ramsh Rs. 5,000​

Answer 1

Answer:

bank

to purchase

drawing

to bank