Question

6. Charge interest on Capital 20,000.
7. 35.000 due from Sanjay Gupta are bad-debts.
8. Goods worth 50,000 were destroyed by fire.​

Answer 1

Answer:

assuming you want the entries to be journalised-

charge interest on capital 20,000

Interest On Capital Ac ...Dr 20,000

To Interest Ac 20,000

35,000 due from Sanjay gupta are bad debts

Bad Debts Ac ....Dr 35,000

To Sanjay Gupta 35,000

Goods worth 50,000 were destroyed by fire

Loss of stock by fire ac ... dr 50,000

To Purchases Ac 50,000

Explanation:

assets and expenses on the debit side.

capital, revenue and liabilities on the credit side.