Sarthaks Test
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Journalise the following transactions: 

Goods destroyed by fire Rs.500. Paid Rs.2,500 in cash as wages on installation of a machinery. Issued a cheque in favour of M/s. Parmatma Singh and Sons on account of purchase goods worth Rs.7,500. Goods sold costingRs.6,000 to M/s Kalu Sons at an invoice price 25% above cost less 5% Trade Discount.

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