12th BOOK KEEPING BY AJAYSANTHOSH MOURYA
2.2 Preparation of Final Accounts
Illustration : 1
Pass necessary adjustment entries for the following adjustments:
1. Salaries outstanding Rs.20,000
2. Prepaid Insurance Rs.400
3. Interest accrued on investments Rs.1000
4. Commission received in advance Rs.2,000
5. To provide 10% interest on capital of Rs.5,00,000
6. Closing Stock Rs.4,00,000
2.2 Preparation of Final Accounts
Illustration : 1
Pass necessary adjustment entries for the following adjustments:
1. Salaries outstanding Rs.20,000
2. Prepaid Insurance Rs.400
3. Interest accrued on investments Rs.1000
4. Commission received in advance Rs.2,000
5. To provide 10% interest on capital of Rs.5,00,000
6. Closing Stock Rs.4,00,000
No comments:
Post a Comment