Question

give adjusting entries for the following adjustments in final accounts for the year anded 31-3-2020 a) stock on 31th march 2020 rs-30000/-, where as it's net realisable Value was Rs-35000/-. b) th e manager is entitled to a commission@5% on net profit after charging such commission (Net profit during the year is Rs1,05,000). c) interest due but not received Rs.4000/-​

Answer 1

Explanation:

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