Question

Journalise the following transactions-

(i) Ramesh introduced capital by cash '55,000.

(ii) Purchased goods from Sunil for ' 35,000.

(iii) Sold goods to shyam, for '22,000 ,60% on credit & balance in cash.

(iv) Ramesh took goods worth '5,000 for personal use.

(v) Goods of '1,500 given as charity.

(vi) Rent paid '3,000.

(vii) salary outstanding '2,000.

(viii) Cash deposited in to bank '5,000​

Answer 1

Answer:

Resource depletion is the consumption of a resource faster than it can be replenished. Natural resources are commonly divided between renewable resources and non-renewable resources. Use of either of these forms of resources beyond their rate of replacement is considered to be resource depletion.