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Uy sh. Ghanshyam Dass the following transactions in Journal and Post them into ledger7,5004. Enter the follow2016Aug. 1Aug. 10Aug. 16Aug 28Paid by cheque to Mr. Gurmeet Arora amounting to 40,000 in fullsettlement of his account of 40,600.Mr. X becomes insolvent only 40 paisa in a rupee is recovered from hisestate by cheque out of the total debt of 10,000Paid by cheque on account of Machinery 80,000, furniture * 20,000Received cheques on account of sales * 60,000, dividend * 5,000 andcommission * 3,000.Received by cheque 25,000 in full settlement of his account of*25.400 from M/s Arjun & Sons.Aug. 31 |
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