Question

9. Journalise the following transactions:
Shyam became insoitent. A first and final
0 compensation of 75 paise in a rupee was received 10,000
from his Official Receiver He owed us
(ii) Received cash for a bad debt written off last year 5,000
(iii) Rent due to landlord.
8.000
(iv) Salaries due to clerks,
10.000
Placed an order with Rakesh Mohan for the supply
of goods of the list price of 3 1,00,000. In this
(v
connection, Raman paid 10% of the list price as an
advance by cheque.​

Answer 1

Answer:

compensation of 75 paise in a rupee was received from his official receiver. He owed us 10,000.

(ii) Received cash for a bad debt written off last year 5,000

(iii) Rent due to landlord 8,000

(iv) Salaries due to clerks 10,000

(v) Placed an order with Rakesh Mohan for the supply of goods of the list price of Rs 1,00,000. In this connection. Raman paid 10% of the list price as an advance by cheque.