Question

4) Prepare the journal from the transactions given below:

i. Rent outstanding Rs.5,000.

ii. Received interest on loan from the debtor Rs.25,000.

iii. Provided interest on capital (Rs.50,000) at 6% for six months.

iv. Received Rs.780 from Surinder in full settlement of debt to his account for Rs.800.​

Answer 1

Explanation:

outstanding Rs.5,000.

ii. Received interest on loan from the debtor Rs.25,000.

iii. Provided interest on

capital (Rs.50,000) at 6% for six months.

iv. Received Rs.780 fro

m Surinder in full settlement of debt to hi

s account for Rs.800

Answer 2

Answer:

I don't know answer but I will support you