CHSE +2 1st year commerce(Accounting)Chapter-4(JOURNAL),Practical Problem 25&26.Best commerce class.
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CHSE +2 first year commerce (Accounting) Chapter -4(JOURNAL) , Practical Problem 25 & 26. Best commerce classes. Kalyani Publisher
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RETURN OF GOODS AND GOODS DESTROYED
25. Journalise the following transactions in the books of Laxman:
2016
Mar 1 Goods worth 6.000 sold to Sehwag at a trade discount of 5%
Mar 2 Sehwag returned one-third of the goods.
Mar 7 Purchased goods worth 8,000 from RP Singh at a trade discount of 4%
Mar 8. Returned one-fourth of the goods to R.P. Singh.
Mar 11 Purchased goods worth 10,000 from Irfan at a trade discount of 5% and sold the same to Dravid for 15,000.
Mar 12 Dravid returned one-fifth of the goods, which in turn were returned to Irfan.
26. Journalise the following transactions in the books of Deep Shikha
2016
Jan. 2 Purchased goods for 16,000 from Surachna
Jan. 4 Sold the above goods to Hem Lata for 20,000
Jan. 6 Hem Lata returned 1/5th of the goods sold to her, which in turn were returned to Surachna
Jan. 8 Goods spoiled by flood 7,000.
Jan. 10 Goods destroyed by fire 9,000. Transport Company admitted the claim for 77,700.
Jan. 12 Goods stolen from the showroom 11,000. Insurance company paid the claim 9,700.
Jan. 14 Goods destroyed by accident 13,000. Insurance company admitted the full claim.
Jan. 16 Goods destroyed by fire 15,000.
Jan. 18 Insurance company admitted the claim for 12,500.
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