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 !

Answers were Sorted based on User's Feedback



your purchases 10 Furniture from Other company, your starting own furniture business. each furnitur..

Answer / balajee rao

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

Is This Answer Correct ?    14 Yes 3 No

your purchases 10 Furniture from Other company, your starting own furniture business. each furnitur..

Answer / rajni

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 ?    6 Yes 0 No

your purchases 10 Furniture from Other company, your starting own furniture business. each furnitur..

Answer / balajee rao

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

Is This Answer Correct ?    8 Yes 3 No

your purchases 10 Furniture from Other company, your starting own furniture business. each furnitur..

Answer / sreedhar

Puchases Account Dr 8000
Furniture Account Dr 2000

To Cash or Bank account 10000
(Being goods purchased)

Is This Answer Correct ?    2 Yes 0 No

your purchases 10 Furniture from Other company, your starting own furniture business. each furnitur..

Answer / t.n rao

furniture a/c 8000
drawings a/c 2000
to cash a/c 10000

Is This Answer Correct ?    0 Yes 2 No

your purchases 10 Furniture from Other company, your starting own furniture business. each furnitur..

Answer / gurram ranjith

furniure a/c 10000 dr
To sales a/c 8000
To purchase a/c 2000


note: purchase a/c is all time debit but useing stock on
persnal that comes to the cridit

Is This Answer Correct ?    0 Yes 3 No

your purchases 10 Furniture from Other company, your starting own furniture business. each furnitur..

Answer / s.saranya sriram

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

Is This Answer Correct ?    1 Yes 5 No

Post New Answer

More Accounting AllOther Interview Questions

is it possible to enter closing stocks in tally in a monthly basis not affecting the previous closing balance of the previous months?

1 Answers   Gamma,


How does the accounting treatment of a partner's salary differ from that of an employee's salary in a partnership?

5 Answers  


Expand-------ATBN

0 Answers   ACS,


Expand CASA

2 Answers  


Expand D T A A

2 Answers  






why balance sheet should always tally?

9 Answers  


paid salary rs.10000 by cheque to mr ravi

8 Answers  


What is a Mutual Fund and its types?

1 Answers   Mellon,


Which is the better corporate business entity to chose for tax advantages - C Corp or S Corp?

1 Answers  


expand K V P

2 Answers  


what is inflation?

27 Answers   Capital IQ, Pixnet Communications,


Defects of single entry system

1 Answers   Mphasis, Outsource Partners International,


Categories