Question

() Raj of Alwar, Rajasthan who owed Mohan * 25,000 became insolvent and received
60 paise in a rupee as full and final settlement.
(D) Mohan owes to his landlord 10,000 as rent.
di Charge depreciation of 10% on furniture costing 50,000
(iv) Salaries due to employees 20,000
(u) Sold to Sunil goods in cash of 10,000 less 10% trade discount plus CGST and
SGST @ 6% each and received a net of 8,500.
(ob) Provided interest on capital of 1,00,000 @ 10% per annum.
(vii) Goods lost in theft 5,000, which were purchased paying IGST @ 12% from Alwar,
Rajasthan​

Answer 1

Answer:(a)Bad debts a/c       dr    10000

                  Cash a/c                dr    15000

                                      TO        Raj  a/c         25000

Answer 2

( i ) Cash A/C Dr. 15,000

Bad Debts A/C Dr. 10,000

To Raj 25,000

( Being amount received from Raj )