Question

5. Journalise the following transactions in the books of Mohan, Delhi:
(i) Raj of Alwar, Rajasthan who owed Mohan * 25,000 became insolvent. Mohan received 60 paise in
a rupee as full and final settlement.
(ii) Mohan owes to his landlord * 10,000 as rent.
(iii) Charge depreciation of 10% on furniture of 50,000.
(iv) Salaries due to employees 20,000.
(v) Sold to Sunil goods in cash of * 10,000 less 10% trade discount and received a net of * 8,500.
(vi) Provide interest on capital of 1,00,000 @ 10% per annum.
(vii) Goods lost in theft costing 5,000.​

Answer 1

Answer:

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