Q. 32. Journalise the following transactions :
1. Charge depreciation on Machinery 20000
2. Salary due to Office Clerks 100000
3. Received cash for Bad-Debts written off last year 5000
4. Purchased goods from Ashok & Co. for 50,000 at 20% Trade
Discount. Half the payment was made in cash.
5. Issued cheque to Ashok & Co. in full settlement 19500
6. Paid Life Insurance Premium by cheque 6000
7. Proprietor used goods for household purposes 20000
8. Goods given free to a hospital out of business 10000
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Answer:
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