Accountancy, asked by kanew3832, 2 months ago

Consider the following balances extracted from the books of Jain as on 31st December, 2016. Prepare the final accounts. 6M
Adjustments
i. ii. iii.
iv.
Salaries outstanding for December, 2016 amounted to Rs. 600. Provide depreciation on furniture @ 10% p.a.
Provide interest on capital for the year @ 5% p.a. Stock on 31st December, 2016 Rs. 14,000.

Answers

Answered by tjhkkikjgikk6
0

Explanation:

6M

Adjustments

i. ii. iii.

iv.

Salaries outstanding for December, 2016 amounted to Rs. 600. Provide depreciation on furniture @ 10% p.a.

Provide interest on capital for the year @ 5% p.a. Stock on 31st December, 2016

Answered by shwetapatil7823
0

Answer:

2) Consider the following balances extracted from the books of Jain as on 31st December,

2016.

Prepare the final accounts.

Adjustments

i. Salaries outstanding for December, 2016 amounted to Rs. 600

ii. Provide depreciation on furniture @ 10% p.a.

iii. Provide interest on capital for the year @ 5% p.a.

iv. Stock on 31st December, 2016 Rs. 14,000

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