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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.
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Answer Posted / imran
goods a/c Dr 1000*9 9000 -
To cash/Bank a/c - 9000
(Being goods purchased )
Furniture a/c Dr 1000*1 1000 -
To Fixed asset a/c - 1000
(being 1 furnituer is used as personal)
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