Journalise the following transactions in the book of a Trader :
April 1, 1994: Cash in hand 8,000, Cash at bank 25,600, Stock of goods 20,000, Furniture 4000, Building * 10,000.
Debtors : Vijay2,700, Anil 1,500, Akbar 2,000, Anbu 1,800,
Madhu * 100
Creditors : Anand 5,400, Ahamed and Co 7,700, Balu 5,200,
Loan from wife * 10,000.
April
1994 1. Purchased goods worth 5,000 and 20% trade discount
and 5% cash discount.
3. 2,646 received from Vijay, allowed him discount of
54.
8. Goods worth 500 were damaged in transit and a claim
was made on the railway authorities for the same.
10. Anbu is declared insolvent and a dividend of 50 paise in
the rupee is received from him in full settlement.
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Answer:
the purchase for a 1st week is 1000..For the 2nd Week is 1600...
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Answer:
1, 1994: Cash in hand 8,000, Cash at bank 25,600, Stock of goods 20,000, Furniture 4000, Building * 10,000.
Debtors : Vijay2,700, Anil 1,500, Akbar 2,000, Anbu 1,800,
Madhu * 100
Creditors : Anand 5,400, Ahamed and Co 7,700, Balu 5,200,
Loan from wife * 10,000.
April
1994 1. Purchased goods worth 5,000 and 20% trade discount
and 5% cash discount.
3. 2,646 received from Vijay, allowed him discount of
54.
8. Goods worth 500 were damaged in transit and a claim
was made on the railway authorities for the same.
10. Anbu is declared insolvent and a dividend of 50 paise in
the rupee is received from him in full settlement
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