Question

Journal entry for furniture in hand

Answer 1

Furniture dr.

To cash

Plzz khushi ko mark kroo

Answer 2

The answer is shown below.

Explanation:

The journal entry for furniture in hand would be

Furniture A/c Dr XXXXX

      To Cash or Bank A/c XXXXX

(Being furniture is purchased either for cash or by the bank as the case may be)

Since the furniture is purchased which increase the assets so we debited it and for purchasing the furniture the cash or the cheque is paid which reduce the cash or bank balance so we credited it

Learn more

Journal entry for purchasing furniture

https://brainly.in/question/5467148

Journal entry for sold furniture​

https://brainly.in/question/11349907