25. Journalise the following:

2023
March 4 Purchased building for ₹1,50,000 and incurred expenses of ₹10,000 on its purchase.
March 10 Satish who owed us ₹20,000 is declared insolvent and 60 paise per is received from his estate.
March 15 Paid ₹500 for repairing the office furniture.
March 18 Proprietor withdrew for his personal use cash ₹5,000 and goods worth ₹2,000.
March 20 Purchased the following items for business: Iron Safe ₹15,000; Filing Cabinet ₹5,000; Computer ₹12,000; Postage ₹200 and Stationery ₹150.
March 28 Paid electricity charges ₹1,600.
March 31 Charge depreciation on Machinery @ 10% for one year (Machinery ₹75,000).
March 31 Outstanding Wages at the end of the year ₹6,000.

D.K.Goel/2024 Edition/Practical Questions/Q-25

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

error: Content is protected !!