Journalise the following transactions:
(i) Shyam became insolvent. A first and final compensation of 75 paise in a rupee was received from his Official Receiver. He owed us 10,000
(ii) Received cash for bad debts written off last year. 5,000
(iii) Rent due to landlord. 8,000
(iv) Salaries due to clerks. 10,000
(v) Placed an order with Rakesh Mohan for the supply of goods of the list price of Rs. 1,00,000. In this connection, Raman paid `10%` of the list price as an advance by cheque.

Journalise the following transactions: (i) Rs. 5,000 due from Ramesh are irrecoverable. (ii) Sohan is declared insolvent. Received from his Official Receiver 60 paise in a rupee on a debt of Rs. 10,000. (iii) Received cash for a bad debt written of last year Rs. 700.

Journalise the following transactions in the books of Mohan, Delhi: (i) Raj of Alwar, Rajasthan who owed Mohan Rs. 25,000 became insolvent and received 60 paise in a ruee as full and final settlement. (ii) Mohan owes to his landlord Rs. 10,000 as rent. (iii) Charge depreciation of 10% on furniture costing Rs. 50,000. (iv) Salaries due to employees Rs. 20,000. (v) Sold to Sunil goods in cash of Rs. 10,000 less 10% trade discount plus CGST and SGST @ 6% each and received a net of Rs. 8,500. (vi) Provided interest on capital of Rs. 1,00,000 @ 10% per annum. (vii) Goods lost in theft Rs. 5,000, which were purchased paying IGST @ 12% from Alwar, Rajasthan.

Record the following transactions in Journal in the books of Shyam & Co., Delhi: (i) Received cash from Ram of Delhi for a bad debt written off last year Rs. 10,000. (ii) Paid in cash Rs. 9,800 to Sohan of Delhi on his account for Rs. 10,000 in settlement. (iii) Received Rs. 9,750 from Hari in full settlement of his account for Rs. 10,000. (iv) Bought goods at the list price of Rs. 25,000 from Mohan, Meerut (UP) less 20% trade discount and 2% cash discount and paid 40% by cheque. (v) Sold goods to Rakesh of Delhi at the list price of Rs. 50,000,less 20% trade discount of 2% cash discount and paid 50% by cheque. (vi) Sold goods to James of Kolkata for Rs. 10,000, allowing him a trade discount of 5% and a cash discount of 10% . CGST and SGST is levied @ 9% each on intra-state purchase and sale of goods. IGST is levied @ 18% on inter-state purchase and sale of goods.

Prepare Journal from the transactions given below : (a) Cash paid for installation of machine 500 (b) Goods given as charity 2,000 (c) Interest charge on capital @7% p.a. when total 70,000 capital were (d) Received 1,200 of a bad debts written-off last year. (e) Goods destroyed by fire 2,000 (f) Rent outstanding 1,000 (g) Interest on drawings 900 (h) Sudhir Kumar who owed me 3,000 has failed to pay the amount. He pays me a compensation of 45 paise in a rupee. (i) Commission received in advance 7,000

Journalise the following transactions in the books of Bhushan Agencies: (i) Received from Bharat cash Rs. 20,000, allowed him discount of Rs. 500. (ii) Received from Vikas Rs. 35,000 by cheque, allowed him discount of Rs. 750. (iii) Received from Amrit Rs. 38,000 in settlement of him dues of Rs. 40,000 in cash. (iv) Received from Amrit Rs. 50,000 by cheque on account against dues of Rs 60,000. (v) Paid cash Rs. 40,000 to Suresh, availed discount of 2% . (vi) Paid by cheque Rs. 25,000 to Mehar and settled her dues of Rs. 26,000. (vii) Paid Rs. 25,000 to Yogesh by cheque on account. (viii) Purchased goods costing Rs. 1,00,000 against cheque and availed discount of 3% . (ix) Purchased goods costing Rs. 60,000 from Akash & Co., paid 50% immediately availing 3% discount. (x) Sold goods of Rs. 30,000 against cheque allowing 2% discount. (xi) Sold goods of Rs. 60,000 to Vimal received 50% of due amount allowing 2% discount.

Journalise the following transactions in the books of Ashok: (i) Received Rs. 11,700 from Hari Krishan in full settlement of his account for Rs. 12,000. (ii) Received Rs. 11,700 from Shyam on his account for Rs. 12,000. (iii) Received a first and final dividend of 70 paise in the rupee from the official receiver of Rajagopal who owed us Rs. 7,000. (iv) Paid Rs. 2,880 to A.K. Madal in full settlement of his account for Rs. 3,000. (v) Paid Rs. 2,880 to S.K. Gupta on his account for Rs. 3,000.

Rs. 10,000 received from Apoorva is credited in the account of Prachi. It is an error of