4. Journalise the following transactions in the Books of Mrs. Rani :(i

1.	4. Journalise the following transactions in the Books of Mrs. Rani :(i) A who owed * 14,500 was declared insolvent and only 65% of it was only receivedas final dividend.(ii) Sold goods to Mr. Rampal list price * 5,000. Trade discount 10% and cash discount5% was allowed. He paid the due amount on the same day and availed the cashdiscount.(iii) Supplied goods costing the 19,000 and Mr. B issued invoice at 10% above cost less5% trade discount.Journalise the following
Answer» Answer: Journalise the following transaction:Sohan is declared INSOLVENT. RECEIVED from his official receiver 60 paise in a RUPEE on a debt of Rs. 10,000. Explanation: MARK me BRAINILIST

4. Journalise the following transactions in the Books of Mrs. Rani :(i) A who owed * 14,500 was declared insolvent and only 65% of it was only receivedas final dividend.(ii) Sold goods to Mr. Rampal list price * 5,000. Trade discount 10% and cash discount5% was allowed. He paid the due amount on the same day and availed the cashdiscount.(iii) Supplied goods costing the 19,000 and Mr. B issued invoice at 10% above cost less5% trade discount.Journalise the following

Answer»

Answer:

Journalise the following transaction:Sohan is declared INSOLVENT. RECEIVED from his official receiver 60 paise in a RUPEE on a debt of Rs. 10,000.

Explanation:

MARK me BRAINILIST

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Tois question based GISTBasie Prodquet? Gust Sales SupplyАB 2200150800118.00 to 20018.001 300 Intre statoI istrustile12.00 lo1120 Istrestaleb.Tabb Trade Details (sales and purchaseJitems opening stat I purchased sold closingo0104803oa) find out belowgiveoQuestionsCGST ,SGST , LGST final balance?1. use different lable for saleand purchas drade.Neft profit from the trade?closing stock valuations ?

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