Question

journalise the following transaction:
1. goods for rupees 50,000 were destroyed by fire.
2. goods worth rupees 18,000 were distributed as free sample and rupees 20,000 were given away as charity in cash.
3. goods worth rupees 25,000 and cash rupees 40,000 were taken away by the proprietor for his personal use.
4. Goods worth rupees 20,000 and cash rupees 5,000 were given away as charity.
5. cash rupees 1,00,000 were stolen from the iron safe of the trader.​

Answer 1

Explanation:

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