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Journalise the following transactions:1. Purchased a Motor Car for ₹ 3,00,000 and paid ₹ 25,000 for its repair and renewal. Entire payment is made by cheque.2. Received Rent ₹ 5,000.3. Goods worth ₹ 20,000 were distributed as free samples.4. Charge depreciation on Motor Car ₹ 32,500.5. Rent due to Landlord ₹ 10,000 and Salary due to Clerks ₹ 80,000.6. Charge interest on Capital ₹ 20,000.7. ₹ 5,000 due from Sanjay Gupta are bad-debts.8. Goods worth ₹ 50,000 were destroyed by fire.9. Cash ₹ 5,000 and goods worth ₹ 20,000 were stolen by an employee.

Answer» Journalise the following transactions:

1. Purchased a Motor Car for ₹ 3,00,000 and paid ₹ 25,000 for its repair and renewal. Entire payment is made by cheque.

2. Received Rent ₹ 5,000.

3. Goods worth ₹ 20,000 were distributed as free samples.

4. Charge depreciation on Motor Car ₹ 32,500.

5. Rent due to Landlord ₹ 10,000 and Salary due to Clerks ₹ 80,000.

6. Charge interest on Capital ₹ 20,000.

7. ₹ 5,000 due from Sanjay Gupta are bad-debts.

8. Goods worth ₹ 50,000 were destroyed by fire.

9. Cash ₹ 5,000 and goods worth ₹ 20,000 were stolen by an employee.


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