Question

Raceed equity share dividend 500
24 Eur company has puid debenture interest by cheque 1000
25 73000 pand for sign board of business.
12. Transaction of trade discount, cash discount and bad debts. Write journal entry for the
following transactions in the books of Parmeshwar
1
Introduced cash 50,000, stock of goods 10,000 debtors of 15,000 and
commenced business
.
10 % loan of 20,000 is borrowed from Smt. Sharda.
Goods 8000 purchased from Rameshwar Stores at 10 9 trade discount
Goods of 5000 sold to Gayatri Stores at 10 % trade discount.
104
memts of Act: Part I. Sed n​

Answer 1

Answer:

Raceed equity share dividend 500

24 Eur company has puid debenture interest by cheque 1000

25 73000 pand for sign board of business.

12. Transaction of trade discount, cash discount and bad debts. Write journal entry for the

following transactions in the books of Parmeshwar

1

Introduced cash 50,000, stock of goods 10,000 debtors of 15,000 and

commenced business

.

10 % loan of 20,000 is borrowed from Smt. Sharda.

Goods 8000 purchased from Rameshwar Stores at 10 9 trade discount

Goods of 5000 sold to Gayatri Stores at 10 % trade discount.

104

memts of Act: Part I. Sed n

Explanation:

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