(vii) Loss of Stock by Theft A/c  ... Dr.  ₹ 5,600  
To Purchase A/c  ₹ 5,000  
To Input IGST A/c  ₹ 600 
Journal


Date

Particulars

L.F.

Debit
Amount
(Rs)

Credit
Amount
(Rs)


(i)

Cash A/c 
Dr.

15,000




BadDebts A/c 
Dr.

10,000




To Raj’s A/c 


25,000



(Received 60 paise in full and final settlement) 









(ii)

Rent A/c 
Dr.

10,000




To Rent Outstanding A/c 


10,000



(Owed rent to landlord) 









(iii)

Depreciation A/c 
Dr.

5,000




To Furniture A/c 


5,000



(10% depreciation charged on furniture) 









(iv)

Salaries A/c 
Dr.

20,000




To Salaries Outstanding A/c 


20,000



(Salaries due to employees) 









(v)

Cash A/c 
Dr.

8,500




Discount Allowed A/c 
Dr.

1,580




To Sales A/c 


9,000



To Output CGST A/c 


540



To Output SGST A/c 


540



(Goods sold) 









(vi)

Interest on Capital A/c 
Dr.

10,000




To Capital A/c 


10,000



(Interest on capital allowed @ 10% p.a.) 









(vii)

Loss of Stock by Theft A/c 
Dr.

5,600




To Purchases A/c 


5,000



To Input IGST A/c 


600



(Goods lost by theft) 







