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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 / satendra rawat

1)purcahse a/c 10000.00 DR

party a/c 10000.00 CR

2) A's Capital a/c 1000.00 DR
Purchase a/c 1000.00 CR

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