9. Pass Journal entries in the books of Raghunath Bros. from the following transactions

2022
June 1 Raghunath Bros. started business with cash ₹80,000; Goods ₹40,000 and furniture ₹20,000.
June 2 Sold goods to Nandlal of the list price of ₹20,000 at trade discount of 10%.
June 4 Nandlal returmed goods of the list price of ₹4,000.
June 8 Received from Nandlal ₹14,150 in full settlement of his account.
June 10 Purchased goods from Brij Mohan of the list price of ₹10,000 at 15% trade discount
June 13 Returned goods to Brij Mohan of the list price of ₹1,000.
June 16 Settled the account of Brij Mohan by paying cash, under a discount of 4%.
June 18 Purchased goods from Anil ₹5,000; Sunil ₹10,000.
June 19 Paid cash to Anil ₹1900 and discount received ₹100.
June 20 Paid ₹9,800 to Sunil in full settlement of his account.
June 20 Bought a Table Fan' for ₹8,000 for the domestic use of Raghunath.
June 25 Sold gods for cash of the list price of ₹8,000 at 10% trade discount and 3% cash discount.
June 30 Paid Rent ₹8,000; Trade Expenses ₹7,000 and Travelling Expenses ₹3,800.

D.K.Goel/2024 Edition/Practical Questions/Q-09

For full question, please refer to the text book Accountancy Class-XI by Mr. D.K.Goel published by Avichal Publishing Company

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