1.

Journalise the following transactions in the books of Ashok:(i) Received ₹ 11,700 from Hari Krishan in full settlement of his account for ₹ 12,000.(ii) Received ₹ 11,700 from Shyam on his account fro ₹ 12,000.(iii) Received a first and final divident of 70 paise in the rupee from the official receiver of Rajagopal who owed us ₹ 7,000.(iv) Paid ₹ 2,880 to A.K. Mandal in full settlement of his account for ₹ 3,000.(v) Paid ₹ 2,880 to S.K. Gupta on his account for ​₹ 3,000.

Answer» Journalise the following transactions in the books of Ashok:

(i) Received ₹ 11,700 from Hari Krishan in full settlement of his account for ₹ 12,000.

(ii) Received ₹ 11,700 from Shyam on his account fro ₹ 12,000.

(iii) Received a first and final divident of 70 paise in the rupee from the official receiver of Rajagopal who owed us ₹ 7,000.

(iv) Paid ₹ 2,880 to A.K. Mandal in full settlement of his account for ₹ 3,000.

(v) Paid ₹ 2,880 to S.K. Gupta on his account for ​₹ 3,000.


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