Question

Journalise the following transactions in the books of Tushar Tulsian: 5 Marks
20X1
Jan 17 Goods costing Rs. 500 given as charity.(sale price Rs. 600)
18 Goods costing Rs. 1,000 distributed as free samples.(sale price Rs.1,200)
19 Goods stolen in transit (sale price Rs. 1,000, cost Rs. 800)
21 Goods stolen by an employee (sale price Rs. 1,000, cost Rs. 600)
22 Goods used in making of furniture (sale price Rs. 2,000, cost Rs. 1,500)​

Answer 1

Answer:

Journalise the following transactions in the books of Tushar Tulsian: 5 Marks

20X1

Jan 17 Goods costing Rs. 500 given as charity.(sale price Rs. 600)

18 Goods costing Rs. 1,000 distributed as free samples.(sale price Rs.1,200)

19 Goods stolen in transit (sale price Rs. 1,000, cost Rs. 800)

21 Goods stolen by an employee (sale price Rs. 1,000, cost Rs. 600)

22 Goods used in making of furniture (sale price Rs. 2,000, cost Rs. 1,500)