Pass Journal entries for the followings: (i) Interest due but not recevied Rs. 4,000. (ii) Salaries
Channel: Doubtnut
Date: 2020-03-29

Pass Journal entries for the followings: (i) Interest due but not recevied Rs. 4,000. (ii) Salaries due to staff Rs. 25,000. (iii) Out of the rent paid this year, Rs. 2,000 relates to the next year. (iv) Provide `10%` depreciation on furniture costing Rs. 5,000. (v) Goods used in making Furniture (Sale Price Rs. 2,000, Cost Rs. 1,500). (vi) Received commission of Rs. 10,000 by cheque, half of which is in advance.