Journal Entry 
Chapter - 4 
Question - 42

Journalize the following transaction:
  1. Expenses incurred on the installation of machine in cash Rs. 500.
  2. Goods given away in charity Rs. 2,000.
  3. Provide interest on capital of Rs. 70,000 @ 7%.
  4. Rs. 1,200 received of bad debts which was written off last year.
  5. Goods of Rs. 2,000 destroyed by fire.
  6. Outstanding rent Rs. 1,000.
  7. Interest on drawings Rs. 900.
  8. Received 45 paisa in a rupee from sudhir kumar who owed Rs. 3,000.
  9. Unearned commission received Rs. 7,000.