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.
Answer Posted / venkat
firniture ac dr 9000
drawings ac dr 1000
to cash ac 10000
Is This Answer Correct ? | 16 Yes | 7 No |
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Truck # 3 has a list price of 16000. It is acquired in exchange for a computer system that company A caries in its inventory. The computer system cost 12000 and is normally sold by company A for 15200. Pass the journal for the same.
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