Question

write journal entries : 2/4/19 - Rs 25,000 was paid installation of machinery

3/4/19 - Rohit acquired a bank loan of Rs 5,00,000 @ 10% p.a.

5/4/19 Goods were purchased for Rs 1,50,000 and paid through cheque. 6/5/19 Goods were sold to Chirag for Rs 3,50,000.

8/5/19 Goods of Rs 2,00,000 were purchased from Divya. 20/6/19 Received Rs 1,45,000 cheque from Chirag on account.

25/7/19 Paid Rs 1,50,000 on account to Divya.

26/7/19 Goods of Rs 5,000 were returned by Chirag and of Rs 3,000 to Divya. 30/9/19 Paid Rs 30,000 for whitewash of building and incurred​

Answer 1

Answer:

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