Consider the following transactions of Mr. Pravat:
Jan 1. Sold goods(costing Rs. 15,000) for cash Rs. 20,000
Jan 20. Goods costing Rs. 5,000 distributed as free sample.
Jan 23. Received rent from tenant Rs. 3,500.
Jan25. Sold goods to Laxmi Rs. 5,000
Jan 28. Pravat withdrew goods costing Rs. 2,000 for domestic use.
Jan30. Laxmi paid Rs.4,800 and allowed her discount Rs. 200
Required: Journal entries in the book of Pravat
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Consider the following transactions of Mr. Pravat:
Jan 1. Sold goods(costing Rs. 15,000) for cash R...
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