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Make the adjusting entries of the following adjustments in the books of Mr. Enamul Hasan on December 31, 2014 that is the closing date of
Make the adjusting entries of the following adjustments in the books of Mr. Enamul Hasan on December 31, 2014 that is the closing date of the year. i. Ending inventory valued Tk 45,000 before considering the goods destroyed by fire TK 9.000 ii.Advertising expenses Tk 30.000 to be written off in four years. iii. Accounts receivable Tk 45,000,2.5% of account receivable is to be considered uncollectable. iv. Interest on loan is to be charged @ 10% for the whole yeat. The amount of loan is Tk 22,500. v. Notes receivable Tk15,000;10% inieres on neies receivable is accrued for three months but not received. vi. Mr. Enamul Hasan owner of the firm sihadraw fom business cash TK 1,500 and merchandise Tk 1.800 but not recorded
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