Accountancy, asked by shashankagrawal0886, 6 months ago

A Pass the Journal entries for the following adjustments as on 31st March 2018:

O Stock at the end of the year 60,000.

Salaries due to Administrative staff 7,500 w Out of the rent paid this year, 7 2,000 relates the next year.

(3) Provide 10% depreciation on furniture costing 7 10,000. (0) Provide 10% interest on capital amounted to ? 2.00,000.

(vi) Charge interest on drawings 2,000.

(vil) Paid 100 for refreshment for a customer.

(vi) Rent due to landlord 500. ​

Answers

Answered by bhoomigoyal58
0

Answer:

(3) Furniture a/c dr 71,000

to depreciation a/c 71,000

(0) Interest on capital a/c dr. 20,000

to capital a/c 20,000

(vi) Drawings a/c dr. 2,000

to Interest on drawings a/c 2,000

(vil) Cash a/c dr. 100

to customer a/c 100

(vi) Rent a/c dr. 500

to cash a/c 500

Explanation:

(3) furniture costing = 7,10,000

depreciation@10% = 71,000

(0) 10% int. on 2,00,000 = 20,000

I hope this will help you...

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