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)

 

 

 

 

 

 

 

 

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