32. Journalise the following transactions
| ₹ | ||
|---|---|---|
| 1. | Charge depreciation on Machinery | 20,000 |
| 2. | Salary due to Office Clerks | 1,00,000 |
| 3. | Received cash for Bad-Debts written off last year | 5,000 |
| 4. | Purchased goods from Ashok & Co. for ₹50,000 at 20% Trade Discount. Half the payment was made in cash. | |
| 5. | Issued cheque to Ashok & Co. in full settlement | 19,500 |
| 6. | Paid Life Insurance Premium by cheque | 6,000 |
| 7. | Proprietor used goods for household purposes | 20,000 |
| 8. | Goods given free to a hospital out of business | 10,000 |
D.K.Goel/2024 Edition/Practical Questions/Q-32
For full question, please refer to the text book Accountancy Class-XI by Mr. D.K.Goel published by Avichal Publishing Company