Record the following transactions in a journal. (i) Received cash from Jaya for a bad debt written - Off last year Rs. 400. (ii) Bought goods at the list price of Rs. 1,00,000 From Rani less 20% trade discount and 2% cash discount and paid 40% by cheque. (iii) Sold goods ot Preeti at the list price of Rs. 2,00,000 less 20% trade discount and 2% cash discount and paid 50% by cheque. (iv) Sold goods to Tanu for Rs.40,000, allowing her a trade discount of 5% and a cash discount of 10% she paid 14th of the amount in cash at the time of purchase.

Record the following transactions in a journal. (i) Received cash from

1.	Record the following transactions in a journal. (i) Received cash from Jaya for a bad debt written - Off last year Rs. 400. (ii) Bought goods at the list price of Rs. 1,00,000 From Rani less 20% trade discount and 2% cash discount and paid 40% by cheque. (iii) Sold goods ot Preeti at the list price of Rs. 2,00,000 less 20% trade discount and 2% cash discount and paid 50% by cheque. (iv) Sold goods to Tanu for Rs.40,000, allowing her a trade discount of 5% and a cash discount of 10% she paid 14th of the amount in cash at the time of purchase.
Answer» Record the following transactions in a journal. (i) Received cash from Jaya for a bad debt written - Off last year Rs. 400. (ii) Bought goods at the list price of Rs. 1,00,000 From Rani less 20% trade discount and 2% cash discount and paid 40% by cheque. (iii) Sold goods ot Preeti at the list price of Rs. 2,00,000 less 20% trade discount and 2% cash discount and paid 50% by cheque. (iv) Sold goods to Tanu for Rs.40,000, allowing her a trade discount of 5% and a cash discount of 10% she paid $\frac{1}{4} t h$ of the amount in cash at the time of purchase.

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