Journal adjustment

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

01 July 2013
The following adjustment to be made. Could u guide me what are the journal entries to be passed

1. Salaries : 5 clerks @ 2500 basic salary, 2@ sales commission on sales, 1000 hra 2 sales @2000 basic salary
2. depreciaton to be charged at 20@ p.a. for six months
3. Provision for bad debtors -5000

CMA Ramesh Krishnan

CMA Ramesh Krishnan (Expert)
Follow

02 July 2013 1.Dr: Salary
Dr: commission
Cr: salary payable

2. Dr:depreciation
Cr: Provision for depreciation

3. Dr: Bad debts
Cr: Prov. for bad debts

Message likes : 1 times