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Illustration: 16 b9 Complete the journal entries corresponding to the narration given below: Particulars Date L.F. Dr. Amount Cr. Amount 50,000 2016 Sept. 1 Dr.

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Illustration: 16 b9 Complete the journal entries corresponding to the narration given below: Particulars Date L.F. Dr. Amount Cr. Amount 50,000 2016 Sept. 1 Dr. Dr. Dr. 20,000 Stock a/c Furniture a/c To. (Being started business with cash, stock and furniture.) 1,00,000 Sept. 7 Dr. 15,000 To.. (Being purchased goods from Arvind.) Sept. 8 Dr. 20,000 To.. (Being goods sold to Sonu.) Sept. 15 Dr. Dr. To. (Being sold goods of list price of 710,000 at 10% trade discount and 2% cash discount.) Sept. 18 Dr 600 To.. (Being goods given away as free samples.) Sept. 21 Dr. To... (for deposited cash 25,000 into bank.) Sept.27 Dr. Dr. To.. (Being vijay become insolvent and 50 paisa in a repee is received against 12,000.) Sept.30 Dr. Dr. To.. (Being Salary 5,000 and rent 2,000 paid by cheque.) HERRE

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