Question

Journalise the following transactions:
a) Goods worth 2.000 destroyed by fire.
b) Received *5,000 from Suresh which were written off as bad debts.
c) sold goods to Mohan of the list price of 35,0000 subject to 10% trade discount and 5% cash
discount. Mohan availed cash discount.
d) Received 9,900 from Hari in full settlement of his account 10,000​

Answer 1

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