Journalise the following transactions: a) shyam became insolvent. a first and final compensation of 75 paise in a rupee was received from his official. he owed a debt of 50,000. b) received cash 25,000 for a bad debt written of last year. c) rent due to landlord 40,000. d) depreciation on office furniture 5000. e) salaries due to staff 50,000. f) paid income tax 1,50,000. g) received commission 25,000 half of which is in advance.

a) Cash A/cDR 37500

Bad Debts A/C DR 12500

To Shyam A/c50000

(Being Amount received from Shyam in full and final settlement)

b) Cash A/cDR 25000

To Bad Debts RecoveredA/c25000

(Being Bad debts recovered)

c)Rent A/c DR 40000

To Rent Payable40000

(Being Rent Payable)

d) Depreciation A/cDR 5000

To Office Furniture A/c 5000

(Being Depreciation Expensed)

e)Salaries A/cDR 50000

To Salaries Payable50000

(Being Salary Payable)

f)Income Tax150000

To Cash150000

(Being Income Tax Paid)

g) Cash A/c DR 25000

To Commision Income12500

To Advance Commission12500

(Being Commission received in advance)

answer; i believe that the correct answer is (d)when the products are consumed or

you have to put the parentheses like this:

in fact, you have to perform the operation inside parentheses first, and then proceed in order: