Question

office Furniture stolen rs 50​

Answer 1

Answer:

What is the whole sum?

Explanation:

if you give the whole sum we can solve it

Answer 2

Explanation:

Goods are an asset of the business and decrease in assets is credited according to the modern rules of accounting. Goods would be credited in the name of ‘ stock ’.

Theift is a loss to the business. Loss is debited according to the modern rules of accounting. So. This loss would be debited in the name of ‘loss by theift account’

So , the entry becomes

Loss by theift A/C …. Dr

To stock A/C

(Being goods stolen)

Hope it helps!