Question

Journalise the following:
Mr Vyas owed Rs 23000 to Mr Sen. He gave Mr sen 2 pieces of furniture in full settlement of his debts. One of his furniture which is worth Rs 15000 is given from the stock and another which is worth Rs 8000 was given out of the furniture used for the business purpose​

Answer 1

Answer:

purchases account... dr 23000

To Mr Sen. 23000

(Being purchased 2 pieces

of furniture to Mr. sen )