Question

Pass Journal entries for the following.

(1) Receive Rs. 20,000 from Subash, Which were written off as bad debts in the previous
year.
(ii) Salaries due to clerks Rs. 50,000.
(iii)
Out of the rent paid this year Rs. 10,000 is related to rent year.
(iv)
Provide 10% depreciation on furniture costing Rs. 50,000.
(v) Provide 12% interest on capital amounting to Rs. 10,00,000.
(vi) Charge interest on drawings Rs. 8000.
​

Answer 1

Answer:

salaries account Dr

to cash account