18. Journalise the following transactions of Raj Kumar Traders, timber merchants
- Purchased timber from Kuldeep Kumar, for cash ₹2,000 and credit ₹10,000.
- Paid to Kuldeep Kumar in full settlement of his account ₹9,950.
- Paid rent in advance ₹10,000.
- Purchased machinery for ₹1,00,000 by cheque and carriage ₹2,000 and installation charges ₹1,000 paid in Cash.
- 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