Question

pass journal entries for the following transaction of X for the month of March 2014
Two chairs purchased in cash

​

Answer 1

Answer:

furniture A/C Dr

to cash A/C

Explanation:

cash (asset) has a debit balance when cash goes out it get credit and furniture ( asset) is getting debit since it is asset and when asset increase it is debit

Answer 2

Furniture a/c dr
To cash a/c