Journal Entry
Chapter - 4
Question - 41
Journal the following transactions in the books of Harpreet Bros.
- Rs. 1,000 due from Rohit are now bad debts.
- Goods worth Rs. 2,000 were used by the proprietor.
- Charge depreciation @ 10% P.a. for two months on Machine costing Rs. 30,000.
- Provide Interest on capital of Rs. 1,50,000 at 6% P.a. for 9 month.
- Rahul become insolvent, who owed Rs. 2,000, a final divident 60 paisa in a rupee in received from the estate.
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