8. Pass necessary Journal entries for the following transactions:

2024
April 01 Goods withdrawn by owner for personal use 1,000
April 02 Goods distributed as sample 500
April 03 Goods Given as Charity 300
April 04 Timber used for making office furniture (Assume that the firm is a timber merchant) 5,000
April 05 Goods destroyed by fire 3,500
April 06 Goods lost in transit 2,000

  T.S.Grewal/2024 Edition/Practical Problems/Q-08

For full question, please refer to the text book T.S.Grewal’s Double Entry Book Keeping-Financial Accounting, Textbook for CBSE Class XI published by Sultan Chand & Sons Pvt. Ltd.

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