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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 / praveen

furniture & fixtures a/c 1000
to cash a/c 1000
( being chair purchased for office use )

purchases a/c dr 9000
to cash a/c 9000
( being goods purchased )

Is This Answer Correct ?    5 Yes 18 No



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