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 / prem
Purcahse aAc Dr.............1000
To Cash A/c 1000
(Being chair purchased for cash)
Dwaring A/c Dr..............100
To Furniture a/c 100
(being the furniture withdrew for personnal use)
Note:(for 2nd entry) dwaring was made in the fornm of chair
and not in cash, so Mr. Raju sorry to say but ur wrong, it
cant be "To cash A/c" in place of "To furniture A/c"
Is This Answer Correct ? | 14 Yes | 10 No |
Post New Answer View All Answers
Harpithas due Rs 55000 was settled infull by taking Haris due Rs 12500 in adjustment Pass necessary entry
plz tell me short cut method in maths for clerck post in bank
What is EBITDA
Which Exchange determine Foreign ?
Anyone whose sbi interview has been over , please share all the question asked by them
how to maintain stock if any entry mismatch pllzz tell me short cut
WHAT IS CORPORATE ACTION?
Hi, I am doing Data Entry jobs in Accounts. please let me know "How to maintain Medical stores accounts"?
Hi guys, If anyone have gone through the CAPITAL IQ-Junior Research Associate interview then plz let me know about its pattern..and if anyone hav its placement papers or any other information then plz post to me at arshadbasha_mba@rediffmail.com
what is the procedure of interview question in genpact
Received credit note for Rs 3500 towards transport charges on the goods supplied from Vinod traders. The transport charges were already paid at the time of delivery. Pass entries at the time of payment of transport and for credit note
what is your achievements?
what is purchase consideration? How does it come about and how is it treated in the books?
plz send me a solved paper on SBI of clerk post
I am maintaing books of accounts a Software Co. Kindly advise me Account Head of these exps. (Software Exps.,Internet Exps., Video Exps.,Server Maint.Exps.,& SMS Exps.,) Thanks