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A furniture dealer purchased 10 units of sofa sets each
costs 2500 out of which one is for shop purpose.Pass
necessary entry

Answers were Sorted based on User's Feedback



A furniture dealer purchased 10 units of sofa sets each costs 2500 out of which one is for shop p..

Answer / ritesh

purchase a/c ..dr 22500
furniture a/c...dr 2500
to cash a/c.... 25000

Is This Answer Correct ?    19 Yes 1 No

A furniture dealer purchased 10 units of sofa sets each costs 2500 out of which one is for shop p..

Answer / suhrid de

Purchase A/c ... Dr Rs. 22500
Asset A/c ... Dr. Rs. 2500
To Cash Rs. 25000

Is This Answer Correct ?    5 Yes 0 No

A furniture dealer purchased 10 units of sofa sets each costs 2500 out of which one is for shop p..

Answer / shakeel ahmad

purchase a/c -------dr
drawings a/c Dr
to cash a/c

Is This Answer Correct ?    0 Yes 1 No

A furniture dealer purchased 10 units of sofa sets each costs 2500 out of which one is for shop p..

Answer / talari nageswararao

furnitur a/c dr 22500
Drawings a/c dr 2500

To Cash a/c 25000

Is This Answer Correct ?    2 Yes 5 No

A furniture dealer purchased 10 units of sofa sets each costs 2500 out of which one is for shop p..

Answer / omvir singh

PURCHASE A/C DR. 25000
TO CASH CR. 25000

Is This Answer Correct ?    1 Yes 9 No

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The following Trial Balance was extracted from the books of Chetan.Do you think that it is correct? If not,rewrite it in the correct form. Debits Rs Credits Rs ------------------------------------------------------------ Stock |8250 | Capital |10000 Purchases |12750 | Sales |15900 Returns outward |700 |Returns inwards |1590 Discount received|800 |Discount allowed |800 Wages & salaries |2500 |Scooty |1750 Rent and rates |1850 |Carriage charges |700 Sundry debtors |7600 |Sundry Creditors |7250 Bank Overdraft |2450 |Bills payable |690

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