Pass Journal Entry for the following
Mr.A is running Furniture Business. He bought 10 chairs at
Rs.1000 each. He used one chair for his personal use.
Answer Posted / shalini parisha
Purchases A/c Dr......... 9000
A's Drawing A/c Dr....... 1000
To Cash A/c 10,000
(Being Furniture Purchased for Cash)
| Is This Answer Correct ? | 19 Yes | 6 No |
Post New Answer View All Answers
What is the New GL concept? how do you configure new GL a/c?
define holding company,public company, if the compnay be a public company what will the criteria? asked on 30/7/09
What is Provision for expenses?
what are the different kinds of cash books
What's the meaning of Preferential Creditor?
Distinguish capital and revenue expenditure
Short Answer on -----Trade mark
How to make an adjustment entry for the variation of physical asset Vs book value of asset. For example: As per asset register there are 1000 computers where as 950 computers are available in stores. How to make an adjustment entries for the difference of 50 quantities?
How many types we are received funds in business purpose
Suresh agreed to adjust Ramesh due amount of Rs 15000- from his credit balance
which is the combine entry in ERP?
What do you think you do well?
Your company code use USD as the company currency. You are trying to post to an account in EUR but get an error message that you can see the problem. What is the reason?( any 1 answer) • The currency maintained in the account master record is USD • The translation rate between EUR and USD is NOT maintained • The only balances in local currency indictor is set in the account. • The account determination for exchange rate difference is missing for the account
Expand---------OTMD
i m a student of icwai i have just passed out my foundation and i wanna no if i should go for both intermediate group together or not....