Homework Answers
Adjusted Journal Entries
| Date | Particulars | L.F. | Debit(RM) | Credit(RM) |
| (i) |
Telephone Bill A/c Dr. To Outstanding Telephone Bill A/c (Being Telehone bill received but not paid there recorded as outstanding liability) |
200 |
200 |
|
| (ii) |
Wages A/c Dr. To Outstanding Wages A/c ( Being Unrecorded and unpaid wages recorded) |
125 |
125 | |
| (iii) |
Prepaid Rent A/c Dr. To Rent A/c ( Being rent of January paid in advance) |
2000 |
2000 | |
| (iv) |
Commision A/c Dr. To Unearned Commision A/C ( Being Commision received in Advance) |
Half |
Half |
Adjusted Trial Balance
| S. No. | Particulars | Debit | Credit |
| 1 |
Telephone Bill |
200 | |
| 2 | Outstanding Telephone Bill | 200 | |
| 3 | Wages | 125 | |
| 4 | Outstanding Wages | 125 | |
| 5 | Prepaid Rent | 2000 | |
| 6 | Rent | 2000 | |
| 7 | Commision | Half | |
| 8 | Unearned Commision | Half* | |
| Total | 2352 | 2325 |
*Question is solved as per given Info. Nothing related to Question no. 4 is written here as you have not provided as details of question 4.
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