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Question No 22 Chapter No 5 22. Journalise the following transactions in the Journal of Navin Gupta & Sons.:- 1 Out of Insurance premium paid this year, 15,000 is related to next year. 2 Credit purchases from Ram & Co. Read More …
Question No 21 Chapter No 5 21. Tanishk Traders deal in Motor Cars. Record the following transaction in their journal:- (i) Purchased 4 Motor cars @Rs 1,20,000 each from Maruti Ltd. For stock (ii) Purchased 1 Motor car for Rs Read More …
Question No 20 Chapter No 5 20.Pass Journal entries for the following transactions:− a Proprietor withdrew for private use 10,000 from bank b Goods costing 50,000 were burnt by fire. c Purchased machinery for cash 1,50,000 and paid 2,000 on Read More …
Question No 19 Chapter No 5 19.Pass Journal entries for the following transactions:− 1 Sold goods to Brijesh of the list price of 10,000 at a trade discount of 5%. Received full payment in cash. 2 Goods are given away Read More …
Question No 18 Chapter No 5 18.Pass Journal entries for the following transactions:− 1 Goods for 50,000 were destroyed by fire 2 Goods worth 18,000 were distributed as free samples and 20,000 were given away as charity in cash. 3 Read More …
Question No 17 Chapter No 5 17.Pass Journal entries for the following transactions:− 1 Purchased Machinery for 20,000 and paid 200 for its carriage. 2 Received a cheque for 4,850 from X in full settlement of his account of 5,000. Read More …
Question No 16 Chapter No 5 16. Journalise the following transactions of Raj Kumar Traders, timber merchants:- 1 Purchased timber from Kuldeep Kumar, for cash 2,000 and credit 10,000. 2 Paid to Kuldeep Kumar in full settlement of his account Read More …
Question No 15 Chapter No 5 15.Enter the following transactions in the Journal of Arun Govil & Co. : Jun. 1 Arun Govil & Co. paid into the bank as capital 6,00,000. Jun. 3 Purchased goods from Mukesh of the Read More …
Question No 14 Chapter No 5 14. Pass journal entries for the following: Jan. 5 Purchased goods for Cash 10,000 and spent 200 for their carriage. Jan. 10 Purchased machinery for Cash 50,000 and spent 500 for its carriage Jan. Read More …
Question No 13 Chapter No 5 13. Pass Journal Entries for the following transactions:− 1 Provide depreciation on Furniture 500 and on Machinery 2,000 2 Received cash 1,000 for bad-debts written off last year. 3 Ajay Singh was declared bankrupt. Read More …
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