1.

pass necessary journal entries for the following transactions 2020 April 1 goods withdrawn by owner of rs 1,000 for personal use.april 2 goods distributed as sample rs500.april 3 goods given as charity rs 300.april 4 timber used for making office furniture rs 5,000 (assume that the firm is a timber merchant). April 5 goods destroyed by fire rs 3,500. April 6 goods lost in transit rs 2,000​

Answer»

1.drawing Drto purchase a/c 2.advertisement ..Drto purchase ac3.charity ...Drto purchase a/c 4.furniture ..Drto cash a/c5goods DESTROY by FIRE ...Drto purchase 6goods lost in TRANSIT ..Drto purchase ..



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