your purchases 10 Furniture from Other company, your
starting own furniture business. each furniture value is
Rs.1000/-, your business purpose use 2 furniture. and other
furniture are
sales purpose !
pls tel me Purchases Entry !
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Answer Posted / sreedhar
Puchases Account Dr 8000
Furniture Account Dr 2000
To Cash or Bank account 10000
(Being goods purchased)
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