Question

8. Goods worth 50,000 were destroyed by fire.
9. Cash 5,000 and goods worth 20,000 were stolen by a
[Ans. Total 5,72,500.]
Hints : In transaction 1, Motor Car A/c will be debited by
Q. 35. Journalise the following transactions :
(i) Bought goods from Arun for 2,00,000 at a trade disc
of 2%. Paid 80% amount immediately.
(ii) Purchased goods for 20,000 from X and supplied it
(iii) Cash withdrawn from bank 5,000 for personal use a
(iv) Goods destroyed by fire : Cost Price 40,000.
(v) Provide 20% depreciation on machinery costing 50
(vi) Out of insurance paid this year, 3,000 is related to
(vii) Allow 5,000 as interest on capital and charge 1,
viii) Sohan who owed us *25,000 was declared insolve
is received from him in full settlement.
(ix) Paid Income Tax 10,000 by cheque.
(x) Salary paid 80,000 and Salary Outstanding *20.
Ans. Total 4,40,000]
In transaction No. (i) Cash discount will be
Hint :
Q. 36. Journalise the following in the books of S
2019
lay 1 Purchased a Machinery for 1,00,000 and t
from Proprietor's saving bank accour​

Answer 1

Answer:

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