29. Give the journal entries corresponding to the narration given below:
| S No. | Particulars | L.F. | Amount Debit (₹) |
Amount Credit (₹) |
|
|---|---|---|---|---|---|
| (i) | Dr. | ||||
| Dr. | |||||
| To | |||||
| (Goods of the list price of ₹5,000 sold at 10% trade discount and 2% cash discount) | |||||
| (ii) | |||||
| (The purchase of Motor Car for ₹80,000 and the payment of ₹5,000 as repair charges on it. Entire payment is made by cheque) | |||||
| (iii) | Chaturvedi | Dr. | 5,000 | ||
| To Cash A/c | |||||
| To | |||||
| (Chaturvedi's account settled, cash discount three percent) | |||||
| (iv) | Bank A/c | Dr. | |||
| Dr. | |||||
| To | 8,400 | ||||
| (70 paise per rupee received from the estate of Ashok on his insolvency) | |||||
| (v) | Dr. | 3,000 | |||
| To | 3,000 | ||||
| (For goods used by proprietor for personal use) | |||||
| (vi) | Dr. | 2,000 | |||
| To | 2,000 | ||||
| (For Rent due to landlord) | |||||
D.K.Goel/2024 Edition/Practical Questions/Q-29
For full question, please refer to the text book Accountancy Class-XI by Mr. D.K.Goel published by Avichal Publishing Company
