Brought furniture at 10000 and sold it at 7000 to someone
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Journal Entry
Furniture A/C Dr.... ₹10000
To Cash A/C ₹10000
(Being the furniture purchased at ₹10000)
Cash A/C Dr.... ₹7000
To Sales A/C ₹7000
(Being the furniture sold at ₹7000)
hope it may help you...
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