Goods costing ₹2,000 withdrawn by the proprietor for personal use., Drawings A/c Dr. ₹2,000To Purchases A/c ₹2,000, Goods costing ₹1,500 distributed as free samples., Advertisement by free samples A/c Dr. ₹1,500To Purchases A/c ₹1,500, Paid ₹4,900 to creditor Mohan in full settlement of ₹5,000 due., Mohan A/c Dr. ₹5,000To Cash A/c ₹4,900To Discount Received A/c ₹100, Received ₹2,900 from debtor Ravi in full settlement of ₹3,000 due., Cash A/c Dr. ₹2,900Discount Allowed A/c Dr. ₹100To Ravi A/c ₹3,000, Customer Sita returned goods worth ₹1,000., Sales Returns A/c Dr. ₹1,000To Sita A/c ₹1,000, Salary of ₹3,000 outstanding at the end of the year., Salaries A/c Dr. ₹3,000To Outstanding Salaries A/c ₹3,000, Insurance of ₹1,200 paid in advance., Prepaid Insurance A/c Dr. ₹1,200To Insurance A/c ₹1,200, ₹500 due from debtor became irrecoverable., Bad Debts A/c Dr. ₹500To Debtor's A/c ₹500, Commission of ₹2,500 earned but not yet received., Accrued Commission A/c Dr. ₹2,500To Commission Received A/c ₹2,500, Received ₹5,000 in advance from a customer for services not yet provided., Cash A/c Dr. ₹5,000To Income Received in Advance A/c ₹5,000, Goods costing ₹3,000 given as charity., Charity A/c Dr. ₹3,000To Purchases A/c ₹3,000, Furniture purchased for ₹10,000; paid in cash., Furniture A/c Dr. ₹10,000To Cash A/c ₹10,000, Returned goods worth ₹2,000 to creditor Ram., Ram A/c Dr. ₹2,000To Purchase Returns A/c ₹2,000, Depreciation on furniture charged ₹2,000., Depreciation A/c Dr. ₹2,000To Furniture A/c ₹2,000, Purchased goods worth ₹10,000 from Amit on credit., Purchases A/c Dr. ₹10,000To Amit A/c ₹10,000, Interest on capital of ₹5,000 allowed to the proprietor., Interest on Capital A/c Dr. ₹5,000To Capital A/c ₹5,000, Bank charges of ₹300 debited by the bank as per the bank statement., Bank Charges A/c Dr. ₹300To Bank A/c ₹300, The proprietor's son gets admission to college using money from his personal savings. No business money is involved., No Entry — the transaction does not affect the business., Interest on drawings of ₹500 is charged to the proprietor., Drawings A/c Dr. ₹500To Interest on Drawings A/c ₹500

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