Question

Salary paid Rs 55,000 and outstanding Rs 5,000. At the time of passing journal entry, Rs. _____________ will be debited in Salary A/c due to ____________ concept.Fill in the blanks: (1) Raw material costing Rs.40,000 was used to make the office furniture. This had been purchased paying CGST & SGST @9% each. While recording this entry in Journal, _____________ a/c will be debited with Rs. __________. (2) While preparing Financial Statements of a firm, it was discovered that Rent has been prepaid to the extent of Rs.12,000. While recording this entry in Journal, _____________ a/c will be debited and ____________a/c will be credited.​

Answer 1

Answer:

Salary paid Rs 55,000 and outstanding Rs 5,000. At the time of passing journal entry, Rs. _________55000____ will be debited in Salary A/c due to ____________ concept.

sorry for the incomplete answer but I think something is better than nothing

While preparing Financial Statements of a firm, it was discovered that Rent has been prepaid to the extent of Rs.12,000. While recording this entry in Journal, _______prepaid rent A/c______ a/c will be debited and _____rent A/c_______a/c will be credited.

hope I was able to answer your question