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9. Cheque deposited in bank $ 150 now returned. 10. Freight charges $ 50, paid on behalf of Mr. C adjusted against payments to be made to him for $200. 11. $ 10,000 transfer from Bank A to Bank B. Bank charges charged by Bank A $ 5/- 12. Annual factory rent of $ 12,000/- includes 3 months rent for the next financial period. 13. Outstanding electricity expense of $ 50 for the year 2017 paid in the year 2019. 14. $ 150 charged excess by the bank, now reversed.

9. Cheque deposited in bank $ 150 now returned. 10. Freight charges $ 50, paid on behalf of Mr. C adjusted against payments to be made to him for $200. 11. $ 10,000 transfer from Bank A to Bank B. Bank charges charged by Bank A $ 5/- 12. Annual factory rent of $ 12,000/- includes 3 months rent for the next financial period. 13. Outstanding electricity expense of $ 50 for the year 2017 paid in the year 2019. 14. $ 150 charged excess by the bank, now reversed.

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Please pass the necessary journal entries attached in the image
9. Cheque deposited in bank $ 150 now returned. 10. Freight charges $ 50, paid on behalf of Mr. C adjusted against payments to be made to him for $200. 11. $ 10,000 transfer from Bank A to Bank B. Bank charges charged by Bank A $ 5/- 12. Annual factory rent of $ 12,000/- includes 3 months rent for the next financial period. 13. Outstanding electricity expense of $ 50 for the year 2017 paid in the year 2019. 14. $ 150 charged excess by the bank, now reversed.
Transcribed Image Text:9. Cheque deposited in bank $ 150 now returned. 10. Freight charges $ 50, paid on behalf of Mr. C adjusted against payments to be made to him for $200. 11. $ 10,000 transfer from Bank A to Bank B. Bank charges charged by Bank A $ 5/- 12. Annual factory rent of $ 12,000/- includes 3 months rent for the next financial period. 13. Outstanding electricity expense of $ 50 for the year 2017 paid in the year 2019. 14. $ 150 charged excess by the bank, now reversed.
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