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H ANEVUS QUESTIONSPayable in 540]2017May 5Bought goods costing 40,000 from Kamal. Paid 40% amountby cheque. Paid carriage charges 200.M. (ii)empled fromInputSGST21cost.Raj & Coaler undtowards carriage and 2,000 towards installation cost.May 24 Paid salary 5,000 to Ram but 1,000 is still standingMay 27 Received goods by VPP from Sohan for * 550.May 29 Sold half the goods bought from Kamal to Raman at 50%above cost less 20% trade discount.May 30 Received cheque from Raman under cash discount of 2% formaking prompt payment. It was banked next day.May 31 Insurance premium is prepaid 500. (Ans. Totalt 2,29,470)22. Journalise following transactions in the books of Rohan:May 2 Deposited cash into bank 50,000.May 9 Bought debentures of Tata Motors for 20,000 and paidbrokerage 1%. Payment is made by cheque.May 13 Sold 1/4th goods bought from Kamal at a profit of 25% aboveMay 19 Bought machine from Dayal Motors for 25,000. Paid 1,000 |
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