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if i bought 10 car @ Rs1000 each.one car i used for office
use then what will be the entry?
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Answer Posted / karan singh mba
10 cars are brought k, one car is used for office rest 9
cars are bought for personal use, anything which is
personal comes under drawings, so the entry would be,
car a/c dr............1000
drawings a/c dr........9000
to cash a/c cr..............1000
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