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journal entries

Answer Posted / ravi

1,bought goods from satish one month credit for rs6000 of
which half is invoiced to mr nayan at 30% above cost

2, paid carriage and cartage on goods sold to mr nayan on
behalf rs 40

3, purchased 20 shares of abc ltd at 20 per share

4, ambar became insolvent a dividend of 50 paise in a rupee is
received

5, paid monthly charges to the housing society for his own
residence 350

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