make the journal entries
1/1 received cash of 1900 from bikal and allowed discount of rs 100
1/2 depreciation of rs 3000 charged on furniture
1/3 received commission of rs 3000 and dividend of rs 4000
1/4salary of 35000 paid through cheque
1/5 withdrew cash of rs 4000 for personel use
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Answer:
1. Cash account. dr 1900
Discount allowed a/c. dr 100
To Bikal. 2000
2. Depreciation a/c. dr. 3000
To Furniture a/c. 3000
3. Cash account. dr 7000
To commission received a/c. 3000
To dividend received a/c. 4000
4. Salary account. dr 35000
To bank account. 35000
5. Drawing account. dr 4000
To cash account. 4000
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Explanation:
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