Question

Q 29 Pass Journal entries for the following transactions
Provide depreciation on furniture Rs 500 and on machinery Rs 2000.
Received Cash Rs 1000 for bad debts written off last year
Ajay Singh was declared bankrupt. He owed Rs 2500 to us. Nothing could be
recovered from his estate.
Rs 20000 for wages and Rs 4000 for salaries are outstanding
Purchased furniture for Rs 6000 for the proprietor and paid the amount by cheque.
Provide 9% interest on capital of Rs 200000.
Charge interest on drawings Rs 1000 ​

Answer 1

Answer:

its very is its call compounds entry

Explanation:

furniture a/c dr

machinery a/c dr

to depression ac