3. Chapter : Journal
Book Page No. 87
PRACTICAL PROBLEMS NO. 8
8. Journalise the following transactions in the books of Dhoni Auto Car Centre
2018 Nov
1 Sold 1,000 shares for ` 100 each and paid brokerage @ 1% and amount credited to our account.
4 Purchased goods from Ashish & Co. of ` 2,00,000.
6 Sold goods to Virat & Co. ` 1,50,000.
8 Paid for Advertisement ` 30,000 to Times of India.
10 Paid for Printing and Stationery ` 7,000.
12 Purchased goods from Prakash & Co. 1,50,000 @18% GST.
15 Paid for Transport charges ` 10,000 @12% GST.
20 Purchased goods from Vikram & Sons ` 1,20,000 @ 18% GST and paid half the amount immediately.
25 Paid to Prakash & Co. less 10% discount.
30 Invoiced Goods to Sanjay ` 60,000.
31 Sanjay returned goods of ` 10,000.
31 Sanjay became insolvent and recovered only 50 paise in a rupee as final settlement from him.
ANS:
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