Journalise the following transction ;
(a) Rent due to landlord 40000
(b) Received commission for 25000, half of which is in advance
(c) Received cash for bad debt written off last year
(d) Charge interest on drawings 1500
(e) Goods worth 500 given as charity
(f) Charge depreciation on plant 1000
(g) Salary due to clerk 10000
(h) Sold goods costing 14000 to Anil for cash at profit of 25% less 20% trade
discount
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Explanation:
Journalise the following transction ;
(a) Rent due to landlord 40000
(b) Received commission for 25000, half of which is in advance
(c) Received cash for bad debt written off last year
(d) Charge interest on drawings 1500
(e) Goods worth 500 given as charity
(f) Charge depreciation on plant 1000
(g) Salary due to clerk 10000
(h) Sold goods costing 14000 to Anil for cash at profit of 25% less 20% trade
discount
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