Question

Bought furniture for resale for 5000
Bought furniture for office decoration for 3000

Answer 1

1) Purchases A/C dr Rs. 5000

To Creditor A/C Rs. 5000

(Being furniture purchased for resale)

2) Furniture A/C dr Rs. 3000

To Creditor A/C Rs. 3000

(Being furniture purchased for office)

Answer 2

Hey mate ✌️✌️


Journal Entry ⏬⏬


(1)Furniture A/c.........................Dr..5000
.........To Creditor A/c...5000



(2)Furniture A/c.........................Dr..3000
.........To Creditor A/c...3000



✨ Hope this helps you ✨