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sold some office equipment of rs 1,300 (proceeds beingreceived
as rs 700 by cheque and balance in cash) and paid the cheque
into his private bank .
what will be the journal entry
please give answer when you sure about it thanks

Answer Posted / shyam

Cash A/c Dr 600
Bank A/c Dr 700
To Furniture A/c 1300
(Being Office Equipment Sold and Received Cheque and cash)

Is This Answer Correct ?    7 Yes 2 No



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