Accountancy, asked by abhinavsarda61, 6 months ago

Furniture costing Rs15000 sold for Rs18000, Brokerage on sale Rs1000... journal entry?​

Answers

Answered by SwaraGurav
1

The Journal Entry will be


Cash a/c. Dr 17000

Brokerage a/c Dr 1000

To Furniture a/c 15000

To Profit on sale of furniture a/c. 3000

(Being Furniture Sold )
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