Question

Q11.Passjournal entries in the books of Sharma:
15
1. Commenced business with cash Rs. 5,00,000.
2. Sold goods to Amar of the list price Rs. 50,000 less 15% trade discount.
3. Amar returned goods of list price Rs. 6,000 being defective
4. Amar paid the amount due under a cash discount of 2%.
5. Purchased goods from Karan of list price Rs. 40,000 at 10% trade discount and
2% cash discount
6.Interest on Capital @ 10% on Rs. 3,50,000.
7. Purchased building for Rs. 5,67,000.
8. Depreciate the above building @ 10%.
9. Goods given away as charity.
10. Aman declared insolvent previous year, now recovered Rs. 4,000.
11. Interest on drawings Rs. 8,000.
12. Salary Outstanding Rs.3.000.
13. Prepaid Insurance Rs.4.200.
14. Rahul who owed us Rs.8,000 became insolvent and 60 paisa in a rupee is
recovered from his estate.
15. Withdrew goods worth Rs. 2,000.​

Answer 1

Answer:

16 isbdhbdfjfj ansdid