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 / vijaykumar
Furniture a/c dr 9,000
Drawing a/c dr 1,000
To cash a/c 10,000
(narration : being 10 chairs purchase @ Rs. 1000/- each
for business use and 1 chair he used for his personal use
Rs. 1000/-)
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