Question

Journalise the following transactions in the books of Dhoni Auto Car Centre
8.
2018
Nov
1
6
8
10
12
15
20
Sold 1,000 shares for 100 each and paid brokerage @ 1% and amount credited to our
account
Purchased goods from Ashish & Co. of 2,00,000.
Sold goods to Virat & Co. 1,50,000.
Paid for Advertisement 30,000 to Times of India.
Paid for Printing and Stationery * 7,000.
Purchased goods from Prakash & Co. 1,50.000 @18% GST.
Paid for Transport charges 10,000 @ 12% GST.
Purchased goods from Vikram & Sons 1,20,000 @ 18% GST and paid half the amount
immediately
Paid to Prakash & Co. less 10% discount.
Invoiced Goods to Sanjay 60,000.
Sanjay returned goods of 10,000.
Sanjay became insolvent and recovered only 50 paise in a rupee as final settlement from
25
30
31
31
him.​

Answer 1

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