Question

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an advance from customers
Q6. Journalise the following transactions :
2014
Nov. 1
Cash 10,000, Bank Balance 28,000, Stock 15,600,
Debtors 54,000 (Rohan 12,000, Sachin 3 18,000,
Gyan 24,000) Machinery 82,000, Creditors, 60,000
(Rekha *25,000, Amit 18,000, Ajay 17,000)
Nov. 5
Purchased goods from Amit for List price 520,000 at Trade
discount of 10% and Cash discount 5%
Nov. 7 Sold 50% of above goods available to Sachin at a profit of
334/% on cost
Nov. 8 Received a cheque from Sachin on Account
Nov. 9 Deposited Sachin's cheque into bank
Nov. 12 Cheque returned dishonoured
Nov. 14 Goods costing <3,000 (selling price 4,000) used for
domestic purposes.
Nov. 18 Goods given as charity (Sale price * 1,200, Cost price 900)
Nov. 23 Depreciation on Machinery @10%
Nov. 25 Issued a cheque in favour of Ramesh (Landlord) towards
10,000
8,200
rent for the month of December
Nov. 27 Commission Received
Nov. 29 Bank charged interest
Nov 30 Introduced additional capital
Nov 30 Salanes due
3,500
600
125
25,000
8,000
(15)​

Answer 1

Answer:

Cost price 900)

Nov. 23 Depreciation on Machinery @10%

Nov. 25 Issued a cheque in favour of Ramesh (Landlord) towards

10,000

8,200

rent for the month of December

Nov. 27 Commission Received

Nov. 29 Bank charged interest

Nov 30 Introduced additional capital

Nov 30 Salanes due

3,500

600

125

25,000

8,000

(15)

mst h kya