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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.

Answer Posted / amu

purchase a/c dr......10000
to capital a/c 9000
to drawings a/c 1000
(being: mr. a started furniture business with chairs & one
chair used for personal use).

Is This Answer Correct ?    2 Yes 2 No



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