Question

Journalise the following transactions :-

a. Goods for Rs.50,000 were destroyed by fire.

b. Goods worth Rs.18,000 were distributed as free samples and Rs.20,000 were given away as charity in

cash.

c. Goods worth Rs.25,000 and cash Rs.40,000 were taken away by the proprietor for his personal use.

d. Goods worth Rs.20,000 and cash Rs.5000 were given away as charity.

e. Cash Rs.1,00,000 were stolen from the Iron Safe of the trader.

f. Outstanding wages Rs.3000.

g. Rs.5000 due from Sunny are now bad debts.

h. Rs.50,000 cash sales (of goods costing Rs.40,000).​

Answer 1

Answer:

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Explanation:

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