Question

purchase furniture 20,000 for cash office use in ledger account

Answer 1

Answer:

Dr. side of ledger account

Answer 2

Answer:

Effect of Purchase Furniture for office use, by cash.

Explanation:

As Journal Entry for this transaction is :

Furniture A/c            Dr.        20,000

          To Cash A/c                                 20,000

(Being furniture purchased for office use)

Effect in Ledger Entry :

Dr. side of Furniture A/c ledger : To Cash A/c

Cr. side of Cash A/c  ledger : By Furniture A/c

Hope this helps you dear :-)

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