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 Posted / 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

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