Prepare Journal Entries for the following transactions in the books of Harpreet (i) Customer’s cheque for 4,000 returned dishonoured for…

Journal Entries in the books of Harpreet Particulars Dr. Amount (₹) Cr. Amount (₹) (i) Customers (Debtors) A/c Dr. 4,400 To Bank A/c 4,000 To Discount Allowed A/c 400 (Being customer cheque returned unpaid by bank, cash discount allowed earlier) (ii) Drawings A/c Dr. 8,500 To Petty Cash A/c 8,500 (Being the income tax of proprietor paid out of business money) (iii) Cash A/c Dr. 3,000 Profit and Loss A/c Dr. 2,000 To Sales A/c 5,000 (Being defective goods costing - 5,000 were sold for a loss of 2,000) (iv) Purchase A/c Dr. 19,000 To Bank A/c 18,800 To Discount Received A/c 200 (Being the goods purchased from Sunny for 19,000 @5% trade discount and cash discount of 200) (v) Purchases A/c Dr. 50,000 Input CGST A/c Dr. 9,000 Input SGST A/c Dr. 9,000 To Sarah Industries 68,000 (Being goods purchased and CGST and SGST payable at 6% each) (vi) Charity A/c Dr. 1,792 To Purchases A/c 1,600 To Input CGST A/c 96 To Input SGST A/c 96 (Being goods given as charity, input CGST and input SGST debited at the time of purchases reversed)