Analyze the following transactions and pass necessary journal entries: 1. Goods sold to RS & Company for

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Analyze the following transactions and pass necessary journal entries: 

1. Goods sold to RS & Company for ₹ 450,000 on credit on 10th April 2017. 50% of goods returned by them on 18th April 2017 being defective. 

2. SR & Company from whom an amount of ₹ 925,500 was due made a payment of ₹ 900,000 as full and final settlement. 

3. An asset with a book value of ₹ 225,000 was destroyed by fire. 

4. Made investment of ₹ 400,000 in government securities on 28th February 2017. The market value of these investments has fallen to ₹ 320,000 on the date of the Balance Sheet. 

5. Make provision towards warranty cost at ₹ 850,000.

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