ADDITIONAL QUESTIONS
Q. 30. Journalise the following transactions:
1. Charge depreciation on Machinery
2. Salary due to Office Clerks
3. Received cash for Bad-Debts written off last year
4. Purchased goods from Ashok & Co. for *50,000 at 20% Trade
Discount. Half the payment was made in cash.
5. Issued cheque to Ashok & Co. in full settlement
6. Paid Life Insurance Premium by cheque
7. Proprietor used goods for household purposes
8. Goods given free to a hospital out of business
Ans. Total 2,21,000.]
20,000
1,00,000
5,000
19.500
6.000
20,000
10,000