Question

4. Journalise the following transactions:
(1) Provide depreciation @ 10% on furniture costing 10,000 for 9 months.
(ii) Paid 2,500 in cash as wages on installation of a machinery.
(iii) Mahesh who owned 5,000 was declared insolvent and 60 paise in a rupee were received
as final compensation.
(iv) Out of Insurance paid this year, 73,000 is related to next year.
(v) Received cash 500 from a bad debt written off last year.
(vi) Interest charged on drawings @ 5% when total drawings were 10,000.
5. Journalise the following transactions:​

Answer 1

Answer:

in the text book last page