1.

त्रा सताशसाह का पुस्तकाJournalise the following transactions and prepare 'Magadh Trading Co. Account in the books of S-2018नई 5 मगध ट्रेडिंग कम्पनी से माल का उधार क्रय (Credit purchases of goods from Magadh Trading Co15 मगध ट्रेडिंग कम्पनी को चैक से भुगतान किया (Paid to Magadh Trading Co. by cheque)20 मगध ट्रेडिंग कम्पनी से माल का नकद क्रय (Cash purchases of goods from Magadh Trading CoIns. Magadh Trading Co. A/c (Cr.) Balance 50,000.]​

Answer»

Explanation:

53. On 1.1.20 X Ltd. purchased fixed assets worth 2,50,000 for a consideration of * 2,30,000 PAYABLE by the

issue of 20,000 fully paid equity shares of 10 each at a premium of 15%. After 6 MONTHS X Ltd. sold the

above fixed assets for * 3,20,000.



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