5. Pass Journal entries in the books of Hari Shankar & Co. from the following:
| 2023 | ₹ | |
|---|---|---|
| April 1 | Commenced business with cash | 50,000 |
| 2 | Purchased goods from Subhash | 20,000 |
| 4 | Sold goods to Ramnath | 15,000 |
| 6 | Ramnath returned defective goods | 1,000 |
| 10 | Received cash from Ramnath and | 13,800 |
| Discount allowed | 200 | |
| 12 | Gopal sold goods to us | 10,000 |
| 14 | Paid to Gopal in full settlement of his account after deducting 5% discount. | |
| 15 | Paid Rent | 10,000 |
| 16 | Paid Rent of Hari Shankar's residence | 5,000 |
| 18 | Purchased goods for cash from Govind for ₹6,000 at 20% trade discount. | |
| 20 | Purchased goods from Govind for ₹10,000 at 20% trade discount. | |
| 24 | Paid to Govind ₹7,850 in full settlement of his account. | |
| 25 | Paid to Subhash ₹4,750; discount received ₹250. | |
| 30 | Paid Wages ₹400; Salaries ₹4,000; Advertisement expenses ₹800 and Trade expenses ₹1,000. |
D.K.Goel/2024 Edition/Practical Questions/Q-05
For full question, please refer to the text book Accountancy Class-XI by Mr. D.K.Goel published by Avichal Publishing Company