Question No 24 Chapter No 5 - USHA Publication 11 Class

Question No 24 Chapter No 5

Table of Contents

Expenses/Income of Past, Present and Future

24. Journalese the following transactions in the books of Dhoni:

2017
Apr. 1	Salaries paid by cheque Rs 6,000
Apr. 2	Salaries due but not paid Rs 3,000
Apr. 5	Interest received Rs 5,000
Apr. 6	Interest due but not received Rs 1,500
Apr. 10	Commission paid for the current year Rs 4,500
Apr. 11	Commission paid for the next year Rs 4,000
Apr. 12	Commission of last year paid Rs 3,500
Apr. 16	Rent of current year received Rs 6,800
Apr. 17	Rent of next year received Rs 7,800
Apr. 18	Rent of the last ear received Rs 8,800

In the Books of Dhoni
Date	Particulars		L.F.	Debit	Credit
2017
Apr.1	Salary A/c	Dr.		6,000
	To Bank A/c				6,000
	(Being salary paid by cheque.)

Apr.2	Salary A/c	Dr.		3,000
	To Outstanding Salary A/c				3,000
	(Being Salary due but not paid)

Apr.5	Cash A/c	Dr.		5,000
	To Interest A/c				5,000
	(Being interest received in cash)

Apr.6	Accrued Interest A/c	Dr.		1,500
	To Interest A/c				1,500
	(Being interest due but not received)

Apr.10	Commission A/c	Dr.		4,500
	To Cash A/c				4,500
	(Being commission paid for the current year in cash)

Apr.11	Prepaid Commission A/c	Dr.		4,000
	To Cash A/c				4,000
	(Being commission paid for next year.)

Apr.12	Outstanding Commission A/c	Dr.		3,500
	To Cash A/c				3,500
	(Being commission for the previous year paid .)

Apr.16	Cash A/c	Dr.		6,800
	To Rent A/c				6,800
	(Being rent received for the current year.)

Apr.17	Cash A/c	Dr.		7,800
	To Rent received iv advance A/c				7,800
	(Being Rent received for next year.)

Apr.18	Cash A/c	Dr.		8800
	To Rent receivable A/c				8800
	(Being Rent of previous year received )