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Journalise the following Entries?
Outstanding salary of rs. 20000/-
Prepaid insurance of rs. 5000/-
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Answer Posted / smart
salary a/c dr. 20000
to outstanding or salary payable a/c 20000
Prepaiad insurance a/c dr. 5000
to insurace Premium a/c 5000
| Is This Answer Correct ? | 3 Yes | 4 No |
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