Question

8
Q17- Journalise the following transactions-
(i) Ramesh introduced capital by cash '55,000.
(ii) Purchased goods from Sunil for ' 35,000.
(iii)Sold goods to shyam, for '22,000 ,60% on credit & balance in cash.
(iv) Ramesh took goods worth '5,000 for personal use.
(v) Goods of '1,500 given as charity.
(vi) Rent paid '3,000.
(vii)salary outstanding '2,000. ​

Answer 1

Answer:

Resource depletion is the consumption of a resource faster than it can be replenished. Natural resources are commonly divided between renewable resources and non-renewable resources. Use of either of these forms of resources beyond their rate of replacement is considered to be resource depletion.