Question

Journalize the following transactions :
1. Purchased computers from Universal Traders for Rs 80,000 and paid CGST @ 9%
and SGST @9%
2. Purchased a second-hand machinery for Rs 24,000 and immediately spent Rs
2,000 on its repairs and paid IGST @ 18% on purchase and repair services both.
3. Paid Rs 65 for refreshment.
4. Depreciate machinery worth Rs 30,000 @ 10% per annum.
5. Depreciate furniture worth Rs 35,000/- @ 10% per annum.
6. Amount due from Arun Rs 6,320 is irrecoverable as he became insolvent.
7. An amount of Rs 670 which was written off as bad debts in previous year is
recovered.
8. Lakshya who owes Rs 2,500 become insolvent, only 50 paise in a rupee is
received.​

Answer 1

Answer:

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Explanation:

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