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Question No 26 Chapter No 5 - USHA Publication 11 Class

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Question No 26 Chapter No 5

Goods Given as Charity/ Advertisement

26. Journalese the following transactions in the books of Shaweta :

2019
Jan. 1	Goods donated to Blind School Rs 15,000
Jan. 8	Goods distributed as free samples Rs 8,000
Jan. 12	Goods are withdrawn by the proprietor for personal use Rs 9,500
Jan. 21	Goods donated to poor people on personal account Rs 5,000 and on business account Rs 7,000
Jan. 22	Goods used for constructing building Rs 16,000

The solution of Question No 26 Chapter No 5: -

In the Books of Shaweta

Date	Particulars		Debit	Credit
2018
Jan.1	Blind School A/c	Dr.	15,000
	To Purchases A/c			15,000
	(Being goods donated to a blind school.)

Jan.8	Free Samples A/c	Dr.	8,000
	To Purchases A/c			8,000
	(Being goods distributed as a free sample)

Jan.12	Drawing A/c	Dr.	9,500
	To Purchases A/c			9,500
	(Being goods are withdrawn by proprietor)

Jan.21	Drawing A/c	Dr.	5,000
	To Purchases A/c			5,000
	(Being goods are withdrawn by proprietor)

Jan.21	Donation A/c	Dr.	7,000
	To Purchases A/c			7,000
	(Being donated goods to poor people)

Jan.22	Building A/c	Dr.	16,000
	To Purchases A/c			16,000
	(Being goods used in constructing the building.)