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.
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Answer Posted / safeer
furniture A/c Dr 10000 -
fixed asset a/c Dr 1000 -
To capital a/c 9000
(being the 10 chairs purchased & one is used for personal
use)
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