Pass the following journal entries

1) Sold goods to Ram costing rs 25000 at an invoice price to give 20% on profit on sales, less 10% trade discount ,Ram paid 40% of the amount immediately on which he was allowed further discount of 5%.

2) Paid rent Rs 10, 000 of which 2, 000 is for next year and 1, 000 is for previous year .

3) A horse which was purchased 2 months earlier for 25, 000 died . The horse was insured and the insurance company admitted a claim of Rs 15, 000

Sold goods to Sunil of the list price of Rs.125000 less 20 % trade discount and received a cheque under a cash discount of 2%

4. Following are the transaction of Amar Ltd post them into the ledger of Rakesh.

2007

Feb 1 Rakesh purchased goods of Rs.5000

Feb 3 Rakesh sold goods of Rs.30000 to Amar

Feb 8 Rakesh paid cash of Rs.2000

Feb 10 He returned goods of Rs.2000 purchased by him

kindly give some difficult questions of journal entry ?

Can you please explain Bills Recievable , purchase return , sales return entry ?

whats the entry for cst and vat