Answered step by step
Verified Expert Solution
Question
00
1 Approved Answer
I need journal entry red point 8 Goods worth 500 were damaged in transit; a claim was made on the railway authorities for the same.
I need journal entry red point
8 Goods worth 500 were damaged in transit; a claim was made on the railway authorities for the same. 10 13 15 18 20 22 30 30 Cash 5,292 paid to Anand and discount allowed by him 108. Received cash from the railway in full settlement of claim for damaged in transit. Anupam is declared insolvent and a dividend of 50 paise in the rupee is received from him in full settlement. Sold 40 shares in Bharat Ltd. @ 18 per share, brokerage paid 15. Bought a horse for 2,000 and customers. a carriage for 1,000 for delivering goods to Paid for: Charity 101 ; Postage 200; Stationery 199 One month's interest on Mrs. Loan @ 12% p.a. became due but could not be paid. The horse bought on January 20 died, its carcase was sold for 50. by him after deducting an. 18 n. 25 Rent paid in cash 5,000 plus CGST and SGST @ 9% each. Goods with drawn by Rajan for Personal use 10,000 plus CGST and SGST @ 6% each. n. 28 Goods destroyed by fire 15,000 plus CGST and SGST @ 6% each. GST account settled by making net payment after set-off. n. 31 OLUTION JOURNAL 8 Goods worth 500 were damaged in transit; a claim was made on the railway authorities for the same. 10 13 15 18 20 22 30 30 Cash 5,292 paid to Anand and discount allowed by him 108. Received cash from the railway in full settlement of claim for damaged in transit. Anupam is declared insolvent and a dividend of 50 paise in the rupee is received from him in full settlement. Sold 40 shares in Bharat Ltd. @ 18 per share, brokerage paid 15. Bought a horse for 2,000 and customers. a carriage for 1,000 for delivering goods to Paid for: Charity 101 ; Postage 200; Stationery 199 One month's interest on Mrs. Loan @ 12% p.a. became due but could not be paid. The horse bought on January 20 died, its carcase was sold for 50. by him after deducting an. 18 n. 25 Rent paid in cash 5,000 plus CGST and SGST @ 9% each. Goods with drawn by Rajan for Personal use 10,000 plus CGST and SGST @ 6% each. n. 28 Goods destroyed by fire 15,000 plus CGST and SGST @ 6% each. GST account settled by making net payment after set-off. n. 31 OLUTION JOURNALStep by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access with AI-Powered Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started