Question

goods valued Rs. 15000 have been insured for rs. 10000 and paid premium at the rate of 5%p.a( make journal entry )​

Answer 1

Answer:

Hey mate here is your answer.//

Explanation:

Insurance a/c Dr 10000 ,

Premium a/c Dr. 500 ,

to Cash a/c 10500 ,

((Being cash paid for insurance premium)).

Hope it helps you.//✔✔✔

Please do mark me as Brainliest.//

Answer 2

Explanation:

refer to the attachment