Journal Test 4...

A withdrawal of cash from business by the proprietor should be debited to _________________.

A credit sale of goods to Ram should be debited to ______________.

Goods given as charity should be credited to _________.

Purchase of goods on credit from A is recorded as ________________.

Received a first and final dividend of $$60$$ paise in the rupee from the Official Receiver of Mr. Ram who owed $$Rs. 2,000$$.

A withdrawal of cash from business by the proprietor of the firm should be credited to _____________.

Goods given away as charity would be credited to _______________.

Goods destroyed by fire should be credited to ___________.

When the claim on account of loss of stock is fully recoverable from the insurance company, the journal entry will be ______________________.

If the goods purchases are in transit, then the journal entry to record will be _______________.