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 / saurajit
Purchase a/c dr. 10000
to Cash a/c cr. 10000
And the second entry will be
Drawings a/c dr. 1000
to Purchase a/c 1000
| Is This Answer Correct ? | 0 Yes | 0 No |
Post New Answer View All Answers
what are the aspects an auditor has to see when he/she is doing the Purchase,Sales and Journal Vouching
what is span of shares
As a fresher in oracle finance can a get a job in oracle finance n what type of questions can they ask me as a fresher...oracle finance...
WHEN IN ADJUST. GIVEN THAT THERE IS VALUE OF RS...., OBSOLESCENCE STOCK INCLUDED IN CLOSING STOCK RS.......,WHAT IS THE PROPER WAY TO SHOW IN INCOME STATEMENT AND POSITION STATEMENT.
what is the difference between financial accouning and financial management?
Why not we must to created Provision & Reserve? And if we're not to recognized what the effect will be?
EXPAND___________IMA
how to do the finalise of account? what is the step? why we need to do like that?
Explain why retained earnings have an opportunity cost associated?
what is buy bach shares?
In order to comply with the matching principle, adjustment entries are made at the preparation of ----------
What's the meaning of Preferential Creditor?
sir i am working consruction company.we have 4 projects in varrious places.i enter attendance in payroll by project wise.if enter autofill salaries combained all projects.i want individual salaries base on attendance feeding method.because staff are changing in one project to another project offenly.please explain method
what can increase gearing?
whst is detailed information aboutaccounting standards 20to 29