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 Accounting AllOther interview questions  Accounting AllOther Interview Questions
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!!     Rank 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
 
  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
# 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
 
 
 
  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
# 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
 
  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
# 4
FURNITURE A/C     DR        10000
    TO CASH A/C                     10000
 
Is This Answer Correct ?    0 Yes 2 No
S.saranya Sriram
 

 
 
 
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