Question

Q7. Journalise the following transactions
(a) Sold goods to Kailash on credit of Rs. 2,000,
(b) Bad debts recovered Rs 4,400
(c) Depreciate furniture costing Rs. 20,000 @ 10%.
(d) Wages paid on installation of Machinery Rs. 3.000.
le) Deposited in Bank Rs. 25,000
(1) Goods withorawn of Rs. 25,000 for personal use.
(6) Salary outstandine R, 6,000.
(h) Paid Rs. 4,800 to Mohan in full settlement of his account for Rs. 5,000.​

Answer 1

Explanation:

Sales a/c Dr

To Kailash a/c

cash a/c Dr

to bad debts recovered a/c