Pass Journal entries for the following adjustments at the end of the year: (i) Interest on capital

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Pass Journal entries for the following adjustments at the end of the year:

(i) Interest on capital is due on Rs. 5,000 @ 5%; (ii) Charge Depreciation on Machine

@ 10%. The machine is for Rs. 10,000.; and (iii) Rs. 200 prepaid on Insurance.

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Zero To Mastery In Accounting Become A High Level Accounting Manager

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Authors: HECTOR ROBINETT

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Question Posted: Jul 19, 2024 08:01 PM

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Pass Journal entries for the following adjustments at the end of the year: (i) Interest on capital

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Zero To Mastery In Accounting Become A High Level Accounting Manager

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