Question

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Answer 1

Heya mate..

i)Salaries a/c Dr 5000
to outstanding salaries a/c 5000

ii) Insurance a/c Dr 2000
to prepaid insurance a/c 2000

iii) Rent received a/c Dr 4000
to rent received in advance a/c 4000

iv) Accrued commission a/c Dr 1000
to commission received a/c 1000

v) Interest on capital a/c Dr 1500
to capital a/c 1500

vi) Drawings a/c Dr 300
to Interest on drawings a/c 300

vii) Bad debts a/c Dr 2000
to debtors a/c 2000

viii) Closing stock a/c Dr 3000
to trading a/c 3000

hope it helps✌