Question

6. From the following information prepare furniture account and close it in the end of the month
2017
Rupees
July 1 Purchased furniture for cash.
35.000
July 2Furniture sold for cash
10.000
July 12 Furniture on credit from Shyam traders
18.000
July 25 Depreciation charged on furniture
5.000​

Answer 1

Answer:

furniture a/c

jul1 To cash a/c 3500 jul2 By cash a/c 10000

jul12 To shyam jul25 By dep a/c 5000

traders a/c 18000 mar31 By b/f 38000

53000 53000