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 / faiz
furniture a/c .......... dr 9000
drawing a/c ........... dr 1000
To cash ................. 10000
(narration : being 10 chairs purchase for furniture
business and 1 chair used for private use)
Is This Answer Correct ? | 2 Yes | 4 No |
Post New Answer View All Answers
What Is The Limitation Of Remuneration Allowed If Book Profit Is 375850 In A Business Firm And In A Professional Firm?
How and by whom the Percentage of Depreciation is fixing?
How Many Types of Excise Duties?
Short Answer on __________written Down value
WHAT IS BANK RECONCILIATION STATEMENT? DIFFERENCE BET PUBLIC COMPANY AND PRIVATE COMPANY? MEMBERS IN PUBLIC CO AND PRIVATE COMPANY? WHAT IS DEPRECIATION?
All shot cut key use in the tally software & it's uses
what is difference between account and accounting
Provision of Bad Debts is made in compliance with the convention of -----------
business sepsarate entity concepts
Expand-------BANT
i want to know the TDS deduction Chart for 2008/09 Eg : professional fee ,contractors ,subcontroctors. rent . ............
Comments Elements in accounting
How to caluculate the value of Corporate Profit, the value of personal savings and the value of indirect tax?
if you fix salary to some body for Rs.10000/- what are the segregations to be done and what are the deductions to be done (segregations like basic, da,ta,conveyance etc., how ? what percentage what speaks law) and deductions what are those like, pf,esi,pt, etc., what ever
can any one tell me what kind of qns are asked in gail entrance test. i m apearing for the exam of accounts & finance. please let me know the ans on my id pragneshmall1@gmail.com