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.

Received Rs 4,900 from Garima in full settlement of Rs 5,000. Posting of Rs 100 will be made to the :

Journalise the following entries: (i) Goods costing Rs. 500 given as charity. (ii) Sold goods to Mayank of Rs. 1,00,000, payable 25% by cheque at the time of sale and balance after 30 days of sale. (iii) Received Rs. 975 from Harikrishna in full settliment of his account of Rs. 1,000. (iv) Received a first and final dividend of 60 paise in a rupee from the Official Receiver of Rajan, who owed us Rs. 1,000. (v) Charge interest on Drawings Rs. 1,500. (vi) Sold goods costing Rs. 40,000 to Anil for cash at a profit of 25% on cost less 20% trade discount and paid cartage Rs. 100, which is not to be charged from customer.

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 Ashutosh, Kolkata: (i) He started business contributing Rs. 10, 000 in cash, Rs. 5,00,000 in cheque and a building valued at Rs. 5,00,000. (ii) Purchased goods from D. Lal, Kanpur for Rs. 2,00,000 out of which cheque was issued for Rs. 60, 000. (iii) Sold goods on credit to Ramesh, Kolkata for Rs. 1,60,000. (iv) Received Rs. 1,84,800 by cheque from Ramesh in full settlement of his account. (v) Paid Rs. 1,74,000 to D. Lal in full settlement of amount due to him. (vi) A new machine of Rs. 2,40,000 was purchased from Machine Tools Ltd., Delhi in exchange of an old machine valued at Rs. 50,000. He gave a cheque of Rs. 1,00,000 from his savings account and balance from firm's account. (vii) Purchased machinery from Pele & Sons, Kolkata for Rs. 50,000 on credit. (viii) Depreciation of Rs. 5,000 was provided on the machinery at the end of the year. (ix) Ashutosh issued a chaque for Rs. 50,000 from his savings account in firm's name. (x) Paid Rs. 5,000 as income tax. (xi) A cheque amounting to Rs. 50, 000 deposited in the bank from his savings account returned dishonoured for technical reasons. CGST and SGST @ 9% each is to be levied on intra-state (within the state purchase and sale ) while IGST is to be levied @ 18% on inter-state transactions.

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.

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.

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

Paid to Jihyasa Rs 11,500 in full settlement of Rs 12,000. Posting will be made in Jigyasa's A/c.