if i bought 10 car @ Rs1000 each.one car i used for office
use then what will be the entry?
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Answer Posted / venu milkoori
Drawings a/c Dr 9000/-
Car a/c Dr 1000/-
To Cash A/c 10000/-
(Being only one car is used for office purpose, rest of all
assemed as for his own purpose, so it will treated as
Drawings)
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