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pass journal entries of the following transaction in the
books of AG sindh, AGPR,FTO and SBP:
1)DDo sindh house submitted a bill for purchase of furniture
to AGPR islamabad for Rs.200000 on 20th March 09;
2)AGPR issued cheque on 2nd april which was cleared by SBP
on 5th April;
3)On 26th may, voucher were exchanged in the clearing house;
4)On 28th May, AG sindh issued advise to settlement to SBP
karachi;
5)On 5th june,SBP HQ karachi sends a copy of clearnce memo
along with bank statement to AG sindh and AGPR for
settlement made on 31st May.
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The following are the transactions with respect to goods traded by Gopal- i) Purchased goods worth Rs.50,000 on 1-1-2005 for cash ii) Sold goods costing Rs.20,000 for Rs.30,000 on cash iii) Bought goods Rs.45,000 from Suresh & Co on credit iv) Paid Rs.30,000 to Suresh who gave us a discount of Rs1,000 v) Sold goods Rs.23,000 but their cost is Rs.12,000 for cash vi) Sold goods to Gangadhar for Rs12,000 on credit,(cost Rs 9000) vii) Received cash from Gangadhar Rs.11,500 in full settlement. viii) Paid carriage charges on the goods purchased Rs.2,000. Find out the closing stock as on 31 -1-2005. Also, find how much is still due to Suresh?
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0 Answers Franklin Templeton, Industries Promotion Officer, Wipro,
Audit 
