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Question

your purchases 10 Furniture from Other company, your
starting own furniture business. each furniture value is
Rs.1000/-, your business purpose use 2 furniture. and other
furniture are  
sales purpose !

pls tel me Purchases Entry !

Question Submitted By :: Rose123

I also faced this Question!!

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Answer Posted By

Re: your purchases 10 Furniture from Other company, your starting own furniture business. each furniture value is Rs.1000/-, your business purpose use 2 furniture. and other furniture are sales purpose ! pls tel me Purchases Entry !

Answer
# 1

Purchase A/C ...............Dr
Furniture A/C...............Dr
To Cash A/C

Is This Answer Correct ?

5 Yes

2 No

Balajee Rao

Answer
# 2

Purchase A/C ...........Dr-8000
Furniture A/c ..........Dr-2000
To Cash A/C.............Cr-     10000

Is This Answer Correct ?

6 Yes

1 No

Balajee Rao

Answer
# 3

Purchase A/c ......Dr   8000
FUrniture A/c ......Dr  2000
     TO Cash A/c.....   10000
Out of 10 Furniture 8 furniture are  like our purchase 
goods & 2 Furniture like our Assets

Is This Answer Correct ?

2 Yes

0 No

Rajni

Answer
# 4

FURNITURE A/C     DR        10000
    TO CASH A/C                     10000

Is This Answer Correct ?

0 Yes

2 No

S.saranya Sriram

Question	Asked @	Answers
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