Question

DU)2. Pass a journal entry in each of the following cases. 1 09-19[N18, N19 - RTP)a) A running business was purchased by Mohan with following assets and liabilities.Cash Rs.2,000, Land Rs.4,000, Furniture Rs.1,000, Stock Rs.2,000, Creditors Rs.1,000, BankOverdraft Rs.2,000.b) Goods distributed by way of free samples, Rs.1,000.c) Rahim became an insolvent and could pay only 50 paise in a rupee. Amount due from himRs.600.in the following transactions in. the books of Gamma Bros. (8997​

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