Question

1st April, 2019, Journalise the following transactions in the books of Mohan, Delhi:
(i) Charge depreciation of 10% on furniture costing ₹ 50,000.
(ii) Salaries due to employee’s ₹ 20,000.
(iii) Sold to Sunil goods in cash of ₹ 10,000 less 10% trade discount. (iv) Provided interest on capital of ₹ 1, 00,000 @ 10% per annum.

Answer 1

Answer:

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