Jouranlise the following transactions in the books of Harpreet Bros
(a)1,000 due from Rohit are now bad debts.
(b) Goods worth 2,000 were used by the proprietor.
(c) Charge depreciation @ 10% p.a for two month on machine costing30,000.
(d) Provide interest on capital of 1,50,000 at 6% p.a. for 9 months.
(e) Rahul become insolvent, who owed is 2,000 a final dividend of 60 paise in a rupee is received from his estate.

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.

Journalise the following in the books of Amit, Saini, Gurugram (Haruana): (i) Goods of Rs. 5,000 were taken by him for personal use. (ii) Rs. 2,000 due from Sohan were bad debts. (iii) Goods of Rs. 6,000 were destroyed by fire and were not insured. (iv) Paid Rs. 4,000 in cash as wages on installation of machine. (GST is not to be levied). (v) Sold goods to Arjun of Delhi of list price Rs. 20,000. Trade discount @ 10% and cash discount of 5% was allowed. He paid the amount on the same day and availed the cash discount. (vi) Received Rs. 2,000 from Ramesh, whose account was written off as bad debts. (vii) Goods costing Rs. 1,000 given as charity. (viii) Received Rs. 9,750 from Ramesh in full settlement of his account of Rs. 10,000. (ix) Paid rent in advance Rs. 4,000. CGST and SGST is to be levied on intra-state sale @ 6% each and IGST @ 12% on inter-state sale.

P invests ₹ 6,000 for X months while Q invests ₹ 8,000 for 9 months in a scheme. The profit share of Q is t ₹ 24,000 out of total profit ₹ 42,000. Then find the value of X?

Pass Journal entries for the followings: (i) Interest due but not recevied Rs. 4,000. (ii) Salaries due to staff Rs. 25,000. (iii) Out of the rent paid this year, Rs. 2,000 relates to the next year. (iv) Provide 10% depreciation on furniture costing Rs. 5,000. (v) Goods used in making Furniture (Sale Price Rs. 2,000, Cost Rs. 1,500). (vi) Received commission of Rs. 10,000 by cheque, half of which is in advance.

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

Give the Joural entries for the following (a) B's acceptance to us for ₹ 1,000 due this day, renewed at his request for 3 months with interset @ 6% P.a. (b) Our bill to Chandra for ₹ 5,000 reneward for 2 months with interest @ 6% p.a. ( c) B's acceptance of ₹ 3,000 is discharged on his paying us cash ₹ 1,000 and accepting a fresh bill for the balance with interest ₹ 100.