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Categories >> Accounting >> Accounting-AllOther
 
 
 
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  
 
Answer
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
 
0
Rajni
 
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