Journalise the following transactions in the journal of shri padukone. (i) Paid cash to Anil 2,400 and discount received from Him 100 (ii) Received cash from Vijay 1,225 and discount allowed to him 25 (iii) Goods sold to Ravish 7,500 Ravish returned goods 500 Received cash from Ravish Rs. 6,875 in full settlement of his account. (iv) sold goods to Rohan of the list price of Rs. 15,000 at 10% trade discount. (v) Purchased goods from Bindu of the list price of 5,000 at 15% trade discount. (vi) Purchased fruniture worth Rs. 20,000 and tools worth Rs. 4,000. (vii) Paid to Nishant out of business funds for repair fo shri padukone's House Rs. 8,000. (viii) Supplied goods costing Rs. 12,000 to Peter, issued invoice at 10% above cost less 5% trade discount.

Journalise the following transactions in the journal of shri padukone.

1.	Journalise the following transactions in the journal of shri padukone. (i) Paid cash to Anil 2,400 and discount received from Him 100 (ii) Received cash from Vijay 1,225 and discount allowed to him 25 (iii) Goods sold to Ravish 7,500 Ravish returned goods 500 Received cash from Ravish Rs. 6,875 in full settlement of his account. (iv) sold goods to Rohan of the list price of Rs. 15,000 at 10% trade discount. (v) Purchased goods from Bindu of the list price of 5,000 at 15% trade discount. (vi) Purchased fruniture worth Rs. 20,000 and tools worth Rs. 4,000. (vii) Paid to Nishant out of business funds for repair fo shri padukone's House Rs. 8,000. (viii) Supplied goods costing Rs. 12,000 to Peter, issued invoice at 10% above cost less 5% trade discount.
Answer» Journalise the following transactions in the journal of shri padukone. (i) Paid cash to Anil 2,400 and discount received from Him 100 (ii) Received cash from Vijay 1,225 and discount allowed to him 25 (iii) Goods sold to Ravish 7,500 Ravish returned goods 500 Received cash from Ravish Rs. 6,875 in full settlement of his account. (iv) sold goods to Rohan of the list price of Rs. 15,000 at 10% trade discount. (v) Purchased goods from Bindu of the list price of 5,000 at 15% trade discount. (vi) Purchased fruniture worth Rs. 20,000 and tools worth Rs. 4,000. (vii) Paid to Nishant out of business funds for repair fo shri padukone's House Rs. 8,000. (viii) Supplied goods costing Rs. 12,000 to Peter, issued invoice at 10% above cost less 5% trade discount.

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