
Question 13 Chapter 4 - Unimax
13. Journalise the following transactions in the books of Dushal.
2021
Mar. 1 Rent Received Rs. 6,000.
Mar. 2 Commission of current year Received Rs. 5,000.
Mar. 4 Commission earned but not received Rs. 6,000.
Mar. 7 Commission received of next year Rs. 3,000.
Mar. 10 Commission received of Last year Rs. 7,000.
Mar. 15 Wages paid Rs. 4,000.
Mar. 16 Salaries paid for next year Rs. 5,000.
Mar. 17 Wages due but not paid Rs. 6,000.
Mar. 20 Salaries paid for Last Year Rs. 10,000.
JOURNAL OF DUSHAL
| Date | Particulars | L.F. | Debit | Credit | |
|---|---|---|---|---|---|
| 2021 | |||||
| Mar. 1 | Cash A/c | Dr. | 6,000 | ||
| To Rent A/c | 6,000 | ||||
| (Being Rent Received) | |||||
| Mar. 2 | Cash A/c | Dr. | 5,000 | ||
| To Commission A/c | 5,000 | ||||
| (Being commission of current year received) | |||||
| Mar. 4 | Accrued commission A/c | Dr. | 6,000 | ||
| To Commission A/c | 6,000 | ||||
| (Being commission earned but not received) | |||||
| Mar. 7 | Cash A/c | Dr. | 3,000 | ||
| To Commission received in advance A/c | 3,000 | ||||
| (Being commission of next year received) | |||||
| Mar. 10 | Cash A/c | Dr. | 7,000 | ||
| To Accrued commission A/c | 7,000 | ||||
| (Being commission of last year received) | |||||
| Mar. 15 | Wages A/c | Dr. | 4,000 | ||
| To Cash A/c | 4,000 | ||||
| (Being wages paid) | |||||
| Mar. 16 | Prepaid Salaries A/c | Dr. | 5,000 | ||
| To Cash A/c | 5,000 | ||||
| (Being salaries of next year paid) | |||||
| Mar. 17 | Wages A/c | Dr. | 6,000 | ||
| To outstanding wages A/c | 6,000 | ||||
| (Being wages due but not paid) | |||||
| Mar. 20 | Outstanding Salaries A/c | Dr. | 10,000 | ||
| To Cash A/c | 10,000 | ||||
| (Being salaries for last year paid) | |||||
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Opening Journal Entry – its Rules and Examples
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Opening Journal Entry – its Rules and Examples - In Hindi
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Accounting & Commerce Educator
Sarbjit Singh holds a B.Com and M.Com degree and has over 12 years of teaching experience in double entry bookkeeping, financial accounting, and business studies.
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