Jorunalise the following entries.
Please answer
1) Sold goods for Rs.10.000
2) Sold goods to Sachin for 20,000.
3) Sold goods to Arnit for 30,000 and payment made by cheque.
4) Sold goods to of the list price of Re: 30,000 at a trade discount of 10%.
5) Sold goods to Sumil of the list price of Rs.1,25,000 less 2014 trade discount and received a cheque under a
cash discount of 2%
6) Sold goods to Sahil of the price of Rs.1,25.000 less 2014 trade discount and 2% cash discount and
40% by cheque
7) Sold goods Rs. 40,000 to for cash at a profit of 251 on cost less 20% trade and
charged 8% sales tax and paid cartage Rs 100 (not to be charged from customer)
B) Sold goods costing 40,000 to at a profit of 20% on sales less 20% trade discount and charged 8% sales
and paid cartage Rs. 100(to be charged from customer)
9) Sachin rejected and returned 10% of goods. 10) Bought goods of the list price of Rs 2,50,000 from Mohan less 2trade discount and 2's cash discount
and paid 40% by cheque
11) Purchased machinery from Rajiv for 5,000 and paid him by means of a barik draft purchased from bank
for S020
12) Paid rent of building Rs, 12, 000. Half of the building is used by the proprietor for residential use.
13)Paid life premium Ru 2,000 14) Charge depreciation on furniture (210% p. a. for one month(furniture Rs.12,000).
15) Provide interest on capital (Rs. 60, 000) at 15% p. a. for six months.
16) Charge interest on drawings (Rk. 10, 000) at 18% p. a. for six months.
17) Brokerage due to us Rs 500
18) Proprietor withdrew for private use 1,000 from office and Rs.800 from. bank.
19) Purchased a cow for business Rs 20,000 20) Paid 250 in cash as wages on installation of a machinery.
QIII) Pass the opening entry in the journal of Ram(as on 1" April 2011)
Cash in hand 1,000 Cash at Bank 5,000 Stock: 20,000 Land and building. 1,00,000 Plant and machinery: 50.000 Furniture and fixtures: 25,000
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