Pass Journal Entry for the following
Mr.A is running Furniture Business. He bought 10 chairs at
Rs.1000 each. He used one chair for his personal use.
Answers were Sorted based on User's Feedback
Answer / r sujatha
he is using one chair but he purchased 10 chairs
so
furniture a/c Dr(for10 chairs)
Cash A/c
Is This Answer Correct ? | 30 Yes | 31 No |
Answer / jaya trilokani
PURCHASE A/C DR 9000
DRAWING A/C DR 1000
TO CASH 10000
Is This Answer Correct ? | 0 Yes | 1 No |
Answer / smart_tina6
Mr.Satyaki Raju, Pls send your 6 sets of questions paper
along with answer booklet to smart_tina6@yahoo.com
Is This Answer Correct ? | 2 Yes | 4 No |
Answer / faiz
furniture a/c .......... dr 9000
drawing a/c ........... dr 1000
To cash ................. 10000
(narration : being 10 chairs purchase for furniture
business and 1 chair used for private use)
Is This Answer Correct ? | 2 Yes | 4 No |
Answer / safeer
furniture A/c Dr 10000 -
fixed asset a/c Dr 1000 -
To capital a/c 9000
(being the 10 chairs purchased & one is used for personal
use)
Is This Answer Correct ? | 1 Yes | 3 No |
Answer / imran
goods a/c Dr 1000*9 9000 -
To cash/Bank a/c - 9000
(Being goods purchased )
Furniture a/c Dr 1000*1 1000 -
To Fixed asset a/c - 1000
(being 1 furnituer is used as personal)
Is This Answer Correct ? | 1 Yes | 3 No |
Answer / priya
Purchases a/c dr
To cash/bank a/c
Drawings a/c dr
To purchases a/c
here goods are taken for personal use so purchases a/c has
to credited ,If cash is taken for personal use cash has to
be credited
Is This Answer Correct ? | 2 Yes | 5 No |
Answer / swetha
PURCHASE AC DR 10000
TO Mr. A AC 10000
DRAWINGS AC DR 1000
TO PURCHASE AC 1000
Is This Answer Correct ? | 1 Yes | 4 No |
Answer / satendra rawat
1)purcahse a/c 10000.00 DR
party a/c 10000.00 CR
2) A's Capital a/c 1000.00 DR
Purchase a/c 1000.00 CR
Is This Answer Correct ? | 0 Yes | 4 No |
Answer / manish vatsaya
Purchase A/c----------------Dr.9000.00
A'S Capital A/c-----------------Dr.1000.00
To,Cash/Ban ----------------10000.00
Is This Answer Correct ? | 1 Yes | 6 No |
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