CHAPTER 9: BOOK OF ORIGINAL ENTRY - JOURNAL, ANSWER TO ASSIGNMENT#13
TASK CHECK THE ANSWERS TO ASSIGNMENT # 13 ANSWERS TO ASSIGNMENT # 13 1. Goods of ₹ 2,000 lost in transit. 2. Goods costing ₹ 3000 destroyed by fire. They were not insured. 3. Goods of ₹ 4000 were destroyed by fire and Insurance company accepted and paid the full claim. 4. Goods damaged by fire ₹ 1000 and Insurance company accepted and paid claim of rupees 800. 5. Charge interest on drawings ₹ 2,000 6.Receive the cheque of ₹ 9500 from Mahesh in full settlement of ₹ 9650 and deposited into Bank 7. Cheque received from Mahesh dishonoured. Bank charged ₹ 150 8.Cheque received from Raja ₹11,000. 9.. Raja's cheque was endorsed to Shyam in full settlement of ₹ 11,800. 10.Raja's cheque returned dishonoured. DATE PARTICULARS LF DEBIT (Rs.) CREDIT (Rs.) 1 Loss of goods in transit A/C..Dr To Purchases A/C (Being goods lost in transit ) 2000 2000 2 Loss by fir...