Jouranlise the following transactions in the books of Harpreet Bros: (a) 1,000 due from Rohit are now bad debts.(b) Goods worth ₹ 2,000 were used by the propriet (c) Charge depreciation @ 10% p.a - Bzziii

Jouranlise the following transactions in the books of Harpreet Bros:

(a) ₹ 1,000 due from Rohit are now bad debts.
(b) Goods worth ₹ 2,000 were used by the propriet
(c) Charge depreciation @ 10% p.a for two month on machine costing `30,000.
(d) Provide interest on capital of ₹ 1,50,000 at 6% p.a. for 9 months
(e) Rahul become insolvent, who owed is ₹ 2,000 a final dividend of 60 paise in a rupee is received from his estate.

In the Books of Harpreet Bros

Journal

S. No.	Particulars		L.F.	Debit Amount Rs	Credit Amount Rs
(i)	Bad Debt A/c	Dr.		1,000
	To Rohit (Debtors)				1,000
	(Amount due from Rohit is now bad debt.)
(ii)	Drawings A/c	Dr.		2,000
	To Purchases A/c				2,000
	(Goods withdrawn by proprietor for personal use)
(iii)	Depreciation A/c	Dr.		500
	To Machinery A/c				500
	(Charge depreciation @ 10% p.a for two months on machine costing ₹ 30,000)
(iv)	Commission A/c	Dr.		6,750
	To Capital A/c				6,750
	(Interest on capital at 6% due for 9 months)
(v)	Bad Debt A/c	Dr.		800
	Cash A/c	Dr.		1,200
	To Rahul (Debtor)				2,000
	(Rahul who owed ₹ 2,000 became insolvent. A final dividend of 60 paise is received from his estate.)
	Total			12,250	12,250

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NCERT Class 11 - Accountancy
Recording of Transactions