Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...

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 / faiz

furniture a/c .......... dr 9000
drawing a/c ........... dr 1000
To cash ................. 10000
(narration : being 10 chairs purchase for furniture
business and 1 chair used for private use)

Is This Answer Correct ?    2 Yes 4 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Expand-------NSAC

1922


If DEBT/EQUITY ratio 2:1, is to good or bad for a company? how...??? can u explain it...???

2209


tell me about roll model as father

2250


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

2090


outstanding expenses are the expenses that "unpaid"at the end of the accounting period e.g.salaries rent so they all come to under nominal accounts which is debt all expenses and losses and credit all gains since they are unpaid hence they must be credited

1912


What is money measurement concept

2122


how to maintain E-Commerce companies accounts

1450


why the RRB'S not lend loans directly to farmers?

2012


What z d diff of accounting principle,accounting standard,accounting rules,accounting procedures,accounting concepts??????

2460


Expand-------SNAT

1975


what is the uniform public construction cost accounting act?

1986


i have completed my MBA with finace background. am intrested to learn oracle finace.can you suggest me which are good instittues in hyderabad.at area wise.

2314


Why we have to present first and second draft(Bill of Exchange) for bank negotiation.Why cant we present only One draft?

3990


Expand-------NAC

2239


Up to what time we can show TDS Receivables under Advance Income Tax A/c?

2056