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() Raj of Alwar, Rajasthan who owed Mohan * 25,000 became insolvent and received 60 paise in a rupee as full and final settlement.(D) Mohan owes to his landlord 10,000 as rent.di Charge depreciation of 10% on furniture costing 50,000(iv) Salaries due to employees 20,000(u) Sold to Sunil goods in cash of 10,000 less 10% trade discount plus CGST andSGST @ 6% each and received a net of 8,500.(ob) Provided interest on capital of 1,00,000 @ 10% per annum.(vii) Goods lost in theft 5,000, which were purchased paying IGST @ 12% from Alwar,Rajasthan |
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Answer» (a)Bad debts a/c dr 10000 CASH a/c dr 15000 TO RAJ a/c 25000 |
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