Question

Office me paryog k liye furniture kharida

Answer 1

Answer: The journal entry for the transaction => Furniture purchased for office use is :

Furniture A/C Dr...

To Cash A/C

(Being the furniture purchased for office use)

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Explanation:

Furniture A/C should be debited here because furniture is an asset & it is purchased for office use , Not For Sale ...

If it would be for selling purpose then purchase A/C would be debited .