Question

plz make journal entry of 'paid for office furniture and fitting by cheque.' RS 4000

Answer 1

Furniture a/c Dr 4000
To bank a/c 4000

Answer 2

3 golden rules

• debit the receiver , credit the giver

• debit what comes in , credit what goes out

• debit all the expenses and losses , credit all the incomes and gains

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reason for debit and credit

Furniture and fittings - Real A/c , furniture is coming inside to company as an asset , therefore its should be debited.

Bank A/c - personal A/c , here banks pays money to supplier , where bank is giver therefore its credited

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Journal entry

Furniture and fittings A/c Dr 4000

To Bank A/c 4000

(being furniture and fittings purchased)