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Pass Journal entries for the following transactions:

(a) Surekha started business with cash ₹ 5,00,000.

(b) Bought goods from Gyalson’s for ₹ 3,00,000, paid by half by cash.

(c) Sold goods to Sonika for ₹ 1,00,000, received ₹ 60,000 immediately.

(d) 10% of the goods returned by Sonika being defective.

(e) Paid to Goyalson’s ₹ 1,49,000 in full settelement.

(f) Amount due from Sonika is not receivable.

(g) Paid rent ₹ 15,000, 2/3rd of the premises is occupied for own use.

Anurag Pathak Changed status to publish September 20, 2023
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