Accountancy, asked by arissahni82, 9 months ago

Journal
8.75
25. Journalise the following in the books of Amit Saini, Gurugram (Haryana):
(i) Goods of 5,000 were taken by him for personal use.
(ii) * 2,000 due from Sohan were bad debts.
(iii) Goods of 6,000 were destroyed by fire and were not insured.
(iv) Paid 4,000 in cash as wages on installation of machine. (GST is not to be levied).
(u) Sold goods to Arjun of Delhi of list price 20,000. Trade discount @ 10% and cash
discount of 5% was allowed. He paid the amount on the same day and availed the
cash discount.
(vi) Received 2,000 from Ramesh, whose account was written off as bad debts.
(vii) Goods costing 1,000 given as charity.
(viii) Received 9,750 from Ramesh in full settlement of his account of 10,000.
(ix) Paid rent in advance * 4,000.
CGST and SGST is to be levied on intra-state sale @ 6% each and IGST @ 12% on
inter-state sale.

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