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 !
Answers were Sorted based on User's Feedback
Answer / balajee rao
Purchase A/C ...........Dr-8000
Furniture A/c ..........Dr-2000
To Cash A/C.............Cr- 10000
Is This Answer Correct ? | 14 Yes | 3 No |
Answer / rajni
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
Is This Answer Correct ? | 6 Yes | 0 No |
Answer / balajee rao
Purchase A/C ...............Dr
Furniture A/C...............Dr
To Cash A/C
Is This Answer Correct ? | 8 Yes | 3 No |
Answer / sreedhar
Puchases Account Dr 8000
Furniture Account Dr 2000
To Cash or Bank account 10000
(Being goods purchased)
Is This Answer Correct ? | 2 Yes | 0 No |
Answer / t.n rao
furniture a/c 8000
drawings a/c 2000
to cash a/c 10000
Is This Answer Correct ? | 0 Yes | 2 No |
Answer / 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
Is This Answer Correct ? | 0 Yes | 3 No |
Answer / s.saranya sriram
FURNITURE A/C DR 10000
TO CASH A/C 10000
Is This Answer Correct ? | 1 Yes | 5 No |
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