Question

4. Journalise the following transactions in the Books of Mrs. Rani :
(i) A who owed * 14,500 was declared insolvent and only 65% of it was only received
as final dividend.
(ii) Sold goods to Mr. Rampal list price * 5,000. Trade discount 10% and cash discount
5% was allowed. He paid the due amount on the same day and availed the cash
discount.
(iii) Supplied goods costing the 19,000 and Mr. B issued invoice at 10% above cost less
5% trade discount.


Journalise the following​

Answer 1

Answer:

Journalise the following transaction:Sohan is declared insolvent. Received from his official receiver 60 paise in a rupee on a debt of Rs. 10,000.

Explanation:

mark me brainilist

Answer 2

Explanation:

journalise the transation