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in Class 11 by kratos

Journalise the following transactions in the books of Ashok:
(i) Received Rs. 11,700 from Hari Krishan in full settlement of his account for Rs. 12,000.
(ii) Received Rs. 11,700 from Shyam on his account fro Rs. 12,000.
(iii) Received a first and final divident of 70 paise in the rupee from the official receiver of Rajagopal who owed us Rs. 7,000.
(iv) Paid Rs. 2,880 to A.K. Mandal in full settlement of his account for Rs. 3,000.
(v) Paid Rs. 2,880 to *.K. Gupta on his account for Rs. 3,000.

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Journal Entries

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