plz answer these questions for charity •
Krishna Bros. :
overable as he became insol
bt.s in previous year is
written o only 50 poise in a rupee is
An amount ore 500 which was insolvent,
• ted into the Bank the
which was received from
(iv' Sohnn Who owes
the books of Harpreet .
20 20,000 were stolen by an employee.
d to Ratn Bros., as the goods were hazardo•.
(ii) costing e 10,000 were
health of consumers.
(Ans. Total of J/E e 80.0001
(i) sold goods costing 12,000 to Bansal Bros., issued invoice at
become insolvent. He paid 10,000 in full settlement out of
[Ans. Total of J,'E 27,960]
(B) Very Short/Short Answer Type Questions
(i) Goods worth 500 were given as charity.
(ii) Received 975 from Harikishan in full settlement of his account 1,000.
(iii) Received a first and final dividend of 60 paise in a rupee from the official
Ranjan, who owed 100.
23. Journalise :
(i) Goods worth 400 were given as charity out of business.
(ii) Received cash 500 of a debt written off last year.
(iii) Interest charged on drawings @ 5%. Total drawings were 10,000.
24A Journalise the following transactions :
(i) A textile mill buys yarn for making cloth for 20,000 and pays GST @ 4%.
(ii) The textile mill sells its product (cloth) to the garment manufacturer for cash R 50,"
collects GST @
(iii) Textile mill deposit the difference of amount of GST paid and GST collected into
[Ans. GST Input 800, GST Output 4,000; Amount to be deposited into GST
24B. Journalise the following transactions :
(i) Goods worth 500 destroyed by fire.