A furniture dealer purchased 10 units of sofa sets each
costs 2500 out of which one is for shop purpose.Pass
necessary entry
- 5 Answers
- 4884 Views
- I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / ritesh
purchase a/c ..dr 22500
furniture a/c...dr 2500
to cash a/c.... 25000
| Is This Answer Correct ? | 19 Yes | 1 No |
Answer / suhrid de
Purchase A/c ... Dr Rs. 22500
Asset A/c ... Dr. Rs. 2500
To Cash Rs. 25000
| Is This Answer Correct ? | 5 Yes | 0 No |
Answer / shakeel ahmad
purchase a/c -------dr
drawings a/c Dr
to cash a/c
| Is This Answer Correct ? | 0 Yes | 1 No |
Answer / talari nageswararao
furnitur a/c dr 22500
Drawings a/c dr 2500
To Cash a/c 25000
| Is This Answer Correct ? | 2 Yes | 5 No |
what are important steps to take during the conversion of an accounting system?
2 Answers Cap Gemini, Franklin Templeton, Globix,
Expand---------DBPC
Who to create a budget on software company
What is Provision of expenses?
Expand--------SSS
what is royalty and how it is calculated?
i dono how to calculate vat pls help me
If income and expense both are equal then what it depicts
why net profit will be added to the balance sheet? is there any reason?
How many types of routing protocols?
Received an order from Babu for the supply of goods Rs.200/-. state whether the the following transcation is business transcation or non business transcation? with reson or explaination?
Took goods from the shop for use at home? state whether the following transcation is business transcation or non business transaction? with reason?.
Audit 
