Question

-
Journalise the following transaction.
Bought goods of the list price of
Z 125,00 o from Mohan less 20% trade
discount 2% Cash discount and paid
40% by cheque
2. Sold goods casting 240,000 to Anil
at a profit of 20% on sales Trade
discount 20%
Sold house hold furniture for 28000. The
proceeds
in vested into business.
4. Goods costing 10,000 destroyed by five
Insurance company accepted
claim
of 80% - Cheque is received
from Insurance Company
3
were
and

Answer 1

Answer:

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