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 !

Answer Posted / balajee rao

Purchase A/C ...............Dr
Furniture A/C...............Dr
To Cash A/C

Is This Answer Correct ?    8 Yes 3 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

What is Hot Issue Income for Hedge Funds?

8250


while doing work in dolphin software when credit note is given by supplier to purchaser then purchaser is debited supplier account so on credit side which account is coming which account should be credited

1644


Which Invoice issued on Central Sale Commercial or Retail?

1594


After Posting the Document in SAP FICO Using the sort key then where we can see the sort key in SAP

1940


1. what is responsibility of inword & forward agent ? 2. how to control cash expenses give five step ? 3. what is Vat 3. how many type of depreciation

1578






What is the accounting treatment for finance lease in lessee's viewpoint?

1855


How to Calculate PF with interest or without interest.

2874


What is Split And buy-back?

2254


what is waybill key number & how can it be issue?

1848


What is the mening of uidnvhe.?

2465


Expand---------OST

1746


Suresh agreed to adjust Ramesh due amount of Rs 15000- from his credit balance

1455


what is the process of excise duty?

2045


what is the scenario of multi-org setup?

1703


Hi Im Arun D. I m short listed for Karnatka bank interview. Can anybody share ur experiences regarding Bank interview of karnatka bank which was held on dec for Clerical post. Please help me I f u can. thanx in advance

1518