1.

Journalise the following transactions: (a) (b) (c) (d) (e) (f) (g) Shyam became insolvent. A first and final compensation of 75 paise in a rupee was received from his official receiver. He owed a debt of Received cash for a bad debt written off last year Rent due to landlord Depreciation on office furniture Salaries due to staff Paid income tax Received commission ₹ 25,000, half of which is in advance ₹ 50,000 25,000 40,000 5,000 50,000 1,50,000

Answer» Journalise the following transactions:










(a)



(b)

(c)

(d)

(e)

(f)

(g)
Shyam became insolvent. A first and final compensation of 75 paise in a rupee

was received from his official receiver. He owed a debt of

Received cash for a bad debt written off last year

Rent due to landlord

Depreciation on office furniture

Salaries due to staff

Paid income tax

Received commission ₹ 25,000, half of which is in advance



50,000

25,000

40,000

5,000

50,000

1,50,000





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