Question

pass journal entries for the following transaction. 1 ) spent 6000 as wages for installment of machinery. 2) salary payable to the Secretary 16000 is due. 3) out of the paid this year 9800 is related to next year....​

Answer 1

Answer: a. installment of machinery a/c  6000

                   TO  bank                                      6000

b. salary a/c 16000

    To secretary a/c 16000

c. advance payable a/c 9800

  TO bank a/c                   9800