18. Journalise the following transactions of Raj Kumar Traders, timber merchants 

  1. Purchased timber from Kuldeep Kumar, for cash ₹2,000 and credit ₹10,000. 
  2. Paid to Kuldeep Kumar in full settlement of his account ₹9,950. 
  3. Paid rent in advance ₹10,000. 
  4. Purchased machinery for ₹1,00,000 by cheque and carriage ₹2,000 and installation charges ₹1,000 paid in Cash. 
  5. Purchased goods for ₹50,000 from Govind and sold it to Manohar for ₹65,000.

D.K.Goel/2024 Edition/Practical Questions/Q-18

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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