Question

Transfer Entries
10. Give the journal entries for the following in the books of Mehak :
(1) On the request of Mehak, her creditor Khushboo agreed that the debt of 8,000 due
from her sister Sugandha, be transferred to her account.
(ii) Mehak withdrew, goods worth 4,000 and stationery worth * 700 from office stationery stock, for her personal use.
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Answer 1

Answer:

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