Question

Pass journal entries for the following in the books of Gaurav, Delhi. (6)

2018

April 1 Purchased from Rahul Traders, Faridabad goods of Rs. 50,000 less 20% trade discount and

5% cash discount, IGST paid @ 12%, paid cheque immediately.

April 3 Rs. 2,646 received from Vijay and allowed him discount Rs. 54.

April 8 Goods costing Rs. 5000 purchased from Kolkata paying IGST @ 12% were damaged in

transit; a claim was made on the transporter.

April10 Cash Rs. 5,292 paid to Anand and discount allowed by him Rs. 108.

April 13 Received by cheque in full settlement of claim for damages in transit.

April 15 Anupam is declared insolvent and a dividend of 50 paise in a rupee is received from him in

full settlement. He owed us Rs. 1800.​

Answer 1

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Explanation:

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Answer 2

Explanation:

solution jounral entry same question