Question

Record the following transactions in a Journal:
cash from Ram for a bad debt written off last year 100
poods at the list price of 25.000 from Mohan less 20% trade discoun
cash discount and paid to by cheque
Sad soods to Rakesh at the list price of 50.000 less 20% trade discount and 2
discount and paid sons by cheque
Sold goods to James for 10,000, allowing him a trade discount of 5% and a ca
scent of 10%. He paid 1/4th of the amount in cash at the time of purchase
tion:
in the Books of
JOURNAL
LF
Dr. )
100
Dr.
To Bad Debt Recovered A
Song the bad debts written of last year, now recovered)
Purchases AD
To Moha
Being the goods purchased from Mohan at a trade discount of 20%)
List Price
Dr.
20.000​

Answer 1

Answer:

(a) P's Capital A/C..... Dr. 90000 Bank A/C.... Dr. 125000 To Realisation A/C 215000(Being stock taken over by P and rest sold off)(b)(i) Bank A/C..... ...

Answer 2

Answer:

i am not sure about the answer

Step-by-step explanation:

d0e34104389a0f1cec66b84250549650.pdf