Question

Q.13. Open an Account for, Mr. Gopal and post the following transactions in Mr. Gopal A/c:
Jan 1 Sold goods to Gopal in credit listed Price Rs. 2,00,000, Trade Discount @ 10%, Cash Discount @ 10%
Jan 12 Goods of worth Rs. 10,000 return by Gopal
Jan 24 Goods given as free Sardple to Gopal Rs. 5,000
Jan 25 Gopal paid Rs. 50,000 out of his dues.
Jan 26 Sold goods to Gopal in Cash Rs. 1,00,000
Jan 27 Gopal became
insolvent and can pay only 50% of his holding.
Jan 30 Loss goods by fire Rs. 10,000
Jan 31 Depreciation charges on Machinery Rs. 10,000​

Answer 1

Answer:

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