Pass Journal Entries for the following:- 1) Received Rs. 4,000 from Manish which were written off as bad debts in the previous year 2) Salari3es due to clerk Rs. 7,500 3) Out of the rent paid this year, Rs. 2,000 is related to next year 4) Provide 10% depreciation on furniture costing Rs. 5,000 5) Provide 10% interest on capital amounting to Rs. 1,00,000 6) Goods used in making of furniture ( Sales Prince Rs. 2,000, Cost Rs. 1,500)

JOURNAL ENTRIES | S. No. | Particular | L.F. | Dr. | Cr. | | --- | --- | --- | --- | --- | | (i) | Cash A/c Dr. To Bad Debts Recovered A/c ( for cash received from Mahesh, previously written off as bad debts | | 4,000 | 4,000 | | (ii) | Salaries A/c Dr. To outstanding salaries A/c (for salaries due to clerks) | | 7,500 | 7,500 | | (iii) | Prepaid rent A/c Dr. To Rent A/c (For rent paid in advance) | | 2,000 | 2,000 | | (iv) | Depreciation A/c Dr. To furniture (For depreciation provided on furniture ) | | 500 | 500 | | (v) | Interest A/c Dr. To Capital A/c (for interest provided on Capital) | | 10,000 | 10,000 | | (vi) | Furniture A/c Dr. To purchase A/c (Being goods costing Rs 1,500 used in making Furniture | | 1,500 | 1,500 |