Question

5.
J K Distributor Clear 90% of their total Outstanding through Cash 02/04/2020 and rest of the
amount treated as Bad Debt. Hint(12350/-of 10% Amt 1235/-)
6. 1500/-paid in Cash for General Expenses dated as on 02/04/2020.
7. Paid Term Loan Rs.25000/-from Bank of India.
Purchase Furniture Worth Rs. 15000/- from Ram Furniture Mart. Ref. No. Asset/1 dated on
01/07/2020
9. Paid Rs. 17000/- Vikas Enterprise through Cheque of Bank of India (chq No.52633) as on
02/04/2020 adjusts the full amount of 1st Bill No. (PUR/BC/44) and rest of the amount from 2nd
Bill no. (PUR/BC/55).
10. Capital introduced by Ratan Tata of Rs.50000/-
11. Paid Rs. 14000/- to Natraj India Ltd through Cheque of Bank of India (Chq. No.65869) as on
02/04/2020 against their Two Bill and rest of the amount treated as Discount Received.
12. Received Interest on Debenture Rs.6500/- through Cheque of ABN-AMRO (Chq. No. 8568) Date
02/04/2020 & Deposited into Bank of India.
13. Received Commission in Cash Rs.45000/- from Various sources dated as on 02/04/2020.​

Answer 1

14. received commission in cash for RS.50000 fin various sources data on 3/4/2020

Answer 2

Answer:

modern traders

Clear 90% of their total Outstanding through Cash 02/04/2020 and rest of the