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 / kadavul

furniture alc dr
drawing a/c dr
discound allowed dr
to cash

Is This Answer Correct ?    0 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

What is Accommodation Bill

1881


capital introduced by partners? how it will be shown in tally? (i.e.at the place of Account what we have to post) (at the place of particulars what we have to post) (in which vocher we can post it)

1802


post pscwb question and answer for accounting paper I & II for govt.officers departmental examination.

2190


how many types of practice accounts?

1550


what is capital market and money market? what is primary market and secondary market?

1766






HOW TO PASTE MORE THAN 8 PO'S (PURCHASE ORDER) IN MM posting?

1561


What is pre-paid amount? What is post-paid amount? Explain received in advance? Explain paid in advance?

1733


Expand--------TAO

1593


What is Free Cash?

1757


Calculate the total Depreciation for four or five Years so practice some problems on depreciation?

1594


what do u mean by single error and double error in accointing errors?

1706


HOW TO MAINTAIN BANK A/C

1632


If income and expense both are equal then what it depicts

1531


What is the definition of LOSS. Give the formula if any.

1703


Short Answer on _____________Intangible Assets

1612