Question

Q. 6. Journalise the following transactions -
(i) Sold goods to Brijesh of the list price of $10,000 at trade discount of 5%. Received
full payment in cash.
(ii) Goods given away as charity 1,000.
(iii) Charge interest on capital of 5,00,000 @ 7% p.a.
(iv) Outstanding wages 13,000.
(v) 5,000 due from Sunny are now bad debts.
(vi) 50,000 cash sales (of goods costing 40,000).
[Ans. Total 1,03,500]​

Answer 1

Answer:

Explanation: Unable to write in the space provided, hence attached

211f8bab588938e4a43841eeceb97e83.docx