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in Final Accounts of Sole Proprietors – II by (48.5k points)
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For the fol owing adjustments, pass adjusting entries: 

(a) Outstanding wages Rs. 5,000. 

(b) Depreciate machinery by Rs. 1,000. 

(c) Interest on capital @ 5% (Capital: Rs. 20,000) 

(d) Interest on drawings Rs. 50 (e) Write off bad debts Rs. 500

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