Pass entries for the following: (a) Out of Insurance premium paid this

1.	Pass entries for the following: (a) Out of Insurance premium paid this year. t 1,500 related to next year. (b) Goods costing 20,000 sold to Manoj at a profit of 20 % on cost less 10% trade discount. (c) Goods worth 2,500 and cash 500 were given away as charity.
Answer» Pass entries for the following: (a) Out of Insurance premium paid this year. t 1,500 related to next year. (b) Goods costing 20,000 sold to Manoj at a profit of 20 $%$ on cost less 10 $%$ trade discount. (c) Goods worth 2,500 and cash 500 were given away as charity.

Pass entries for the following: (a) Out of Insurance premium paid this year. t 1,500 related to next year. (b) Goods costing 20,000 sold to Manoj at a profit of 20 % on cost less 10% trade discount. (c) Goods worth 2,500 and cash 500 were given away as charity.

Answer»

Pass entries for the following:

(a) Out of Insurance premium paid this year. t 1,500 related to next year.

(b) Goods costing 20,000 sold to Manoj at a profit of 20 $%$ on cost less 10 $%$ trade discount.

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Pass entries for the following: (a) Out of Insurance premium paid this year. t 1,500 related to next year. (b) Goods costing 20,000 sold to Manoj at a profit of 20 % on cost less 10% trade discount. (c) Goods worth 2,500 and cash 500 were given away as charity.

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