Jan, 17Prepaid insurance Rs.500Commission receivable Rs 800Jan, 18Jan,

1.	Jan, 17Prepaid insurance Rs.500Commission receivable Rs 800Jan, 18Jan,20Bank charges Rs 200Jan,22Interest on Capital Rs. 2,000Jan,25Goods given away by Charity Rs 600Jan,28Drew for office use Rs 2,000plz give its journal transaction.
Answer» Solution :- ᴊᴏᴜʀɴᴀʟ ᴇɴᴛʀɪᴇs Jan, 17 Prepaid INSURANCE Rs.500 → Prepaid insurance A/c. DR. Rs.500 → To insurance A/c. Rs.500 Jan 18 Commission RECEIVABLE Rs 800 → Cash A/c. Dr. Rs 800 → To commission A/c. Rs 800 Jan,20 Bank charges Rs 200 → Bank charge A/c Dr. Rs 200 → To cash A/c. Rs 200 Jan,22 Interest on Capital Rs. 2,000 → Interest on capital A/c. Dr. Rs. 2,000 → To capital A/c. Rs. 2,000 Jan,25 Goods given away by Charity Rs 600 → Charity A/c. Dr. Rs 600 → To purchase A/c. Rs 600 Jan,28 Drew for office use Rs 2,000 → Bank A/c. Dr. Rs 2,000 → To cash A/c. Rs 2,000 ________________________________

Jan, 17Prepaid insurance Rs.500Commission receivable Rs 800Jan, 18Jan,20Bank charges Rs 200Jan,22Interest on Capital Rs. 2,000Jan,25Goods given away by Charity Rs 600Jan,28Drew for office use Rs 2,000plz give its journal transaction.

Answer»

Solution :-

ᴊᴏᴜʀɴᴀʟ ᴇɴᴛʀɪᴇs

Jan, 17

Prepaid INSURANCE Rs.500

→ Prepaid insurance A/c. DR. Rs.500

→ To insurance A/c. Rs.500

Jan 18

Commission RECEIVABLE Rs 800

→ Cash A/c. Dr. Rs 800

→ To commission A/c. Rs 800

Jan,20

Bank charges Rs 200

→ Bank charge A/c Dr. Rs 200

→ To cash A/c. Rs 200

Jan,22

Interest on Capital Rs. 2,000

→ Interest on capital A/c. Dr. Rs. 2,000

→ To capital A/c. Rs. 2,000

Jan,25

Goods given away by Charity Rs 600

→ Charity A/c. Dr. Rs 600

→ To purchase A/c. Rs 600

Jan,28

Drew for office use Rs 2,000

→ Bank A/c. Dr. Rs 2,000

→ To cash A/c. Rs 2,000

________________________________

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