journalise the following transaction in the books of Harbhajan & co. for the month of 1st april
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Journalise the following transactions in the books of Akash : i. Goods given as charity Rs.5,000. ii. Salary for the month is outstanding Rs.2,000. iii. Goods sold for a list price of Rs.50,000; trade discount allowed 10%, cash discount allowed 10%. Solution: Question 13. Give journal entries for the following transactions giving in each case the nature of account (whether asset, liability, …
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