Journal Entry 
Chapter - 4
Question - 15

Journalize the following transactions :
  1. Received Rs. 4,700 in full settle of debt of Rs. 5,000 from Ram.
  2. Paid Rs. 1,800 to Ajay in full settlement of Rs.2,000.
  3. Sold goods of invoice price of Rs. 10,000 to Neha at 20% trade discount and 10% cash discount. He paid half the amount in cash.
  4. Bought goods worth Rs. 10,000 from Aashish at 20% trade discount and 12% cash discount his paid 75% amount in cash.
  5. Bought goods worth Rs. 15,000 from Pawan at 20% trade discount.
  6. Returned goods to Pawan of the list price of Rs. 1,000.