(v) Sales Return of 6,000.
16 (Adjustment Entries). From the following information available on 31st March, 2020, pass the necesco
Adjustment Entries in the Journal for the year ending on that date:
(i) Interest accrued 2,500.
(ii) Wages for March, 2020 outstanding 10,000.
(iii) Insurance prepaid * 1,500.
(iv) Commission due to manager 6% on net profit after charging such commission. The profit before
charging such commission was 1,06,000.
(v) Interest due on loan but not paid. Loan of * 1,50,000 was taken at 9% p.a. 9 months before end
of the year.
(vi) Depreciate motor car with book value 1,00,000 @ 10% p.a. for one year.
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OhMyGod
I cant do this
plz mark as brainlist
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