Question

Journalize the following transaction:
a) House rent paid Rs 5000.
b) Salary @Rs 10'000 per staff paid to 3 employees.
c) Wages @ Rs 4'000 per labour is paid to 10 workers.
d) Commission received rs. 12'500.
e) Intrest received Rs 8'200.
please solve this account problem

Answer 1

Answer:

1) rent a/c. dr. 5000.

to bank a/c. 5000

2) salary a/c. dr. 30000

to bank a/c. 30000

3) wages a/c. dr. 40000

to bank a/c. 40000

4) bank a/c. dr. 12500

to commission. 12500

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Answer 2

Answer:

1.) Rent a/c Dr. 5,000

To Bank a/c. 5,000

2.) Salary a/c. Dr. 30,000

To Bank. a/c. 30,000

3.) Wages. a/c. Dr. 40,000

To Bank a/c. 40,000

4.) Bank. a/c Dr. 12,500

To Commission a/c. 12,500

5.) Bank a/c. Dr. 8,200

To Interest Receivable a/c 8,200