Journalise the following transactions:
(a) Outstanding salary at the end of the year Rs 200
(b) Goods given as charity during the year Rs 300
(c) Stock-in-hand at the end of the year Rs 20000
Journal | |||||
Date | Particulars | L.F. | Debit Amount (Rs) | Credit Amount (Rs) | |
|
|
|
|
| |
(a) | Salary A/c | Dr. |
| 200 |
|
| To Outstanding Salary A/c |
|
| 200 | |
| (Salary outstanding at the end of the year recorded in the books) |
|
|
| |
|
|
|
|
| |
(b) | Charity A/c | Dr. |
| 300 |
|
| To Purchases A/c |
|
| 300 | |
| (Goods distributed as a Charity during the year) |
|
|
| |
|
|
|
|
| |
(c) | Closing Stock A/c | Dr. |
| 20,000 |
|
| To Trading A/c |
|
| 20,000 | |
| (Stock at the end of the year is recorded in the books) |
|
|
| |
|
|
|
|
|