33. Journalise the following transactions

2023
March 1 Started business with cash 50,000
2 Purchased Machinery for cash 20,000
Paid installation charges on machinery 2,000
5 Purchased goods from X of the list price of ₹25,000, Trade Discount 20% and cash discount 5%. Payment was made in cash immediately.
10 Sold goods to Y costing ₹10,000 at 30% profit on cost less 10% trade discount.
15 Paid Rent 1,000
20 Goods stolen from business 2,000
22 Gave as charity: Cash 100
Goods 200
31 Purchased Post Cards and Envelopes 50
31 Purchased a Computer for business 25,000

D.K.Goel/2024 Edition/Practical Questions/Q-33

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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