1.

Give four illustration of special transactions ?

Answer»

Illustration of special transactions are;

  1. Goods destroyed by fire ₹ 6,000.
  2. Goods of ₹ 2,000 is withdrawn from business for personal use.
  3. Goods of ₹ 1,500 is stolen from business.
  4. Goods of ₹ 1,100 given as donation.


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