Give the journal entries for the following adjustments : (a) Outstanding salary Rs. 3,500. (b) Rent unpaid

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Give the journal entries for the following adjustments :

(a) Outstanding salary Rs. 3,500.

(b) Rent unpaid for one month at Rs. 6,000 per annum.

(c) Insurance prepaid for a quarter at Rs. 16,000 per annum.

(d) Purchase of furniture costing Rs. 7,000 entered in the purchases book.

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Accountancy Financial Accounting Part 2 For Class 11

ISBN: 9788174505323

1st Edition

Authors: NCERT

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Question Posted: Feb 16, 2024 12:00 PM

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Give the journal entries for the following adjustments : (a) Outstanding salary Rs. 3,500. (b) Rent unpaid

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Here are the journal entries for the following adjustments a Outstanding salary Date Account Debit C...View the full answer

Accountancy Financial Accounting Part 2 For Class 11

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