Give Answer As Asked .(4 Marks)

Question 14 Marks

Write journal entries in the books of Parul for the following transactions.
$2018$
Dec.
$1 ₹ 40,000$ deposited with bank.
$6 ₹ 5000$ for office expense and $₹ 3000$ for personal use withdrawn from bank.
$12$ Loan of $₹ 7000$ approved for clerk Varsha.
$15$ Machine of $₹ 50,000$ purchased by cheque from Bharat Company Ltd. and paid wages of $₹ 1000$ for its installation.
$18$ Purchase files of $₹ 200$ and books of $₹ 300$ for shop.

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Question 24 Marks

From the following transactions write journal entries in the books of Jeel.
$2018$
July
$1$ Goods of ₹ 5000 purchased at $10 \%$ trade discount and at $5 \%$ cash discount from Fenil. Payment done by cheque.
$6$ Goods of ₹ 300 given in donation on occasion of Shradh of mother.
$11$ Goods destroyed by fire $₹ 10,000$. Insurance company has admitted claim of $70 \%$ amount and the amount credited in our account through $NEFT.$
$17$ Goods of $₹ 20,000$ sold to Rahul at $10 \%$ trade discount and $5 \%$ cash discount. Half amount received by chqeue.

Answer

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Question 34 Marks

From the following transactions write journal entries in the books of Gopi Traders.
$2018$
June
$1$ Loan borrowed from Apexa $₹ 35,000.$
$8$ Bank had debited $₹ 150$ of bank charges and credited $₹ 250$ of interest.
$12$ Janvi becomes insolvent from whom $₹ 10,000$ was receivable out of which $40\%$ amount received as final settlement by cheque.
$18$ Goods of $₹ 60,000$ purchased from Chetan and $50 \%$ amount paid by $NEFT. NEFT$ charge was $₹ 5.$

Answer

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Question 44 Marks

Write journal entries, from the following transactions of Avdhut Kirans.
$2018$
May
$1$ Goods of $₹ 50,000$ purchased at $20 \%$ trade discount and at $10 \%$ cash discount from Shravan.
$20$ Goods purchased from Shravan out of which $25\%$ goods of cost price sold to Yash by adding $25 \%.$
$25$ Yash had returned goods of $₹ 5000$, which are returned back to Shravan.

Answer

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Question 54 Marks

From the following transactions, write journal entries in the books of $'V'$ Mart.
$2018$
March
$1$ Machinery purchased $₹ 90,000$ payment made by cheque and $₹ 10,000$ paid in cash for its installation.
$9$ Old furniture of $₹ 7000$ sold to Vimlesh for $₹ 10,000.$
$25$ Weighing machine and weights are purchased for shop of $₹ 4500.$
$30$ Two chairs purchased for business, each of $₹ 1500.$

Answer

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Question 64 Marks

From the following transactions, write journal entries in the books of Rakesh Traders.
$2018$
Feb.
$5$ Goods of $₹ 10,000$ purchased at $10 \%$ trade discount from Aryan.
$11 50 \%$ goods purchased from Aryan sold to Panna to earn $10 \%$ profit on selling price.
$18$ Goods of $₹ 1500$ returned by Panna, which is returned to Aryan.

Answer

SELF

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Question 74 Marks

From the following transactions write journal entries in the books of Arvind.
$2018$
Jan.
$1$ Goods of $₹ 6000$ purchased from Jeel.
$7$ Goods of $₹ 20,000$ sold to Himani.
$17$ Goods of $₹ 1000$ returned by Himani.
$25$ Goods sold of $₹ 5000.$

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