Question

9. Give Journal entries for the following:
1. Goods given as charity
2. Paid rent in advance
3. Rent due to landlord
4. Charged depreciation on Machinery
5. Due from Lakhan as bad debts
6. Paid income tax
7. Cash used at home
8. Purchased wheat for domestic use
9. Wages payable to Ram Narayan
(Ans. Grand Total 7 16,580)​

Answer 1

Answer:

1. Charity A/c Dr.

To Purchases A/c

2. Prepaid rent A/c. Dr.

To Rent A/c

3. Rent A/c Dr.

To Outstanding Salary A/c

4. Depreciation A/c. Dr.

To Machinery A/c

5. Bad debts A/c. Dr.

To Lakhan A/c

6. Drawings A/c. Dr.

To Cash A/c

7. Drawings A/c. Dr.

To Cash A/c

8. Drawings A/c. Dr.

To Cash A/c

9. Ram Narayan A/c. Dr.

To Wages A/c

Answer 2

Answer:

Donation A/c Dr. 5000

To Charity A/c

( Being contribute to Charity)