Question No 37 Chapter No 5 37. Journalise the following in the books of Prakash: (i) Opened a current account with Punjab National Bank 1,00,000. (ii) Received a cheque of 12,900 from Chandradev and allowed discount 300 to him. The Read More …
Question No 36 Chapter No 5 36. Journalise the following in the books of Som Nath & Sons: 2019 May.1 Purchased a Machinery for 1,00,000 and the payment was made by issuing a cheque from Proprietor’s saving bank account. Read More …
Question No 35 Chapter No 5 35. Record the following transaction in a Journal :- (i). Withdrawn goods for personal use ( Cost Rs 5,000, Sale Price Rs 7,000) (ii) Received Rs 9,750 from the Hari in full settlement of Read More …
Question No 34 Chapter No 5 34. Journalise the following transaction:- (i) Paid Customer duty Rs 11,000 by cheque on import of new machinery. (ii) Goods sold costing Rs 10,000 to M/s Abbas & Sons at an invoice price 10% Read More …
Question No 33 Chapter No 5 33. Journalise the following transaction :- (i). Bought goods from Arun for 2,00,000 at a trade discount of 15% and cash discount of 2%. Paid 80% amount immediately. (ii) Purchased foods for 20,000 from Read More …
Question No 32 Chapter No 5 32. Journalise the following transaction :- 1 Purchased a Motor Car for 3,00,000 and paid 25,000 for its repair and renewal. Entire payment is made by cheque. 2 Received Rent 5,000. 3 Goods worth Read More …
Question No 31 Chapter No 5 31. Journalise the following transaction :- 2019 Rs Mar.1 Started business with cash 60,000 Mar.2 Purchased Machinery for cash 20,000 Paid installation charges on machinery 2,000 Mar.5 Purchased goods from X of Read More …
Question No 30 Chapter No 5 30. Journalise the following transaction:- Rs 1 Charge depreciation on Machinery 20,000 2 Salary due to office Clerks 1,00,000 3 Received cash for Bad- debts written off last year 5,000 4 Purchased Read More …
Question No 29 Chapter No 5 29. Give the journal entries assuming that the narration in each case is correct: Date Particular LF. Amount(Dr.) Amount(Cr.) 2020 Mar.1 Bricks A/c Dr. 2,00,000 Read More …
Question No 28 Chapter No 5 28. Give the journal entries corresponding to narration given below: Date Particular LF. Amount(Dr.) Amount(Cr.) Apr.5 Dr. To Bank A/c To Read More …