Question

Rent paid in advance Rs. 700, O/S wages and salaries Rs. 1,200 and 15,000, depreciation on building 2,000, on furniture 1,500. Pass adjustment entries for above transactions.

Answer 1

Answer:

First observed that rent paid in advance is 700 we will add 1200 and 15000 in depreciation on building 2000 and also on furniture 1500 pass as adjustment entries are 20000

Answer 2

Explanation:

Q5) Rent paid in advance Rs. 700, O/S wages and salaries Rs. 1,200 and 15,000, depreciation

on building 2,000, on furniture 1,500. Pass adjustment entries for above transactions