Question

Journalise the following transacti
ng transactions in the books of Nina General Stores
6.
2018
Sept
1 Sold goods of
U goods of p50,000 at 10% Trade Discount and 10% Cash Discount to Raj and
50,000 at 10% 1
received 50% by cheque and 20% by cash.
bought goods worth * 60.000 from Prashant at 7.5% Trade Discount and half amount
paid by cash.
Returned goods worth 550 to Prashant.
Sold goods worth 90,000 to Ranvir on credit at 10% Trade Discount.
Received Commission * 4,500.
Received cheque of 80,000 from Ranvir in full settlement of his account.
Purchased Computer worth 80,000 from Reliance Company by cheque at 28% GST.
Wages paid 13,000.
Paid for Life Insurance premium * 17,000.
Sold goods worth 28,000 to Tushar who paid us * 18,000 immediately
12
Red
15
18
22
23
27
Journalise the following transactions in the hooks of Yamin​

Answer 1

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