Accountancy, asked by aq4956302, 7 months ago

Purchase of furniture for cash will result

Answers

Answered by anushka2233

Answer:

Debit Furniture

The furniture is an asset. Because assets occur and increase on the left side, this is debited. The cash is also an asset. Since assets decrease on the opposite side, the right side, we credit the cash/bank.

Previous Question

Next Question

Similar questions

Physics, 3 months ago

Give one example each [2] i) Light to electrical energy. ii) Electrical to mechanical energy.

Math, 3 months ago

of lined of symmetry State the number the following figures:...

English, 3 months ago

may be. May be somewhere far in the sky there will be a beautiful and magical world of sparkling stars and moon. may be there will be a postman who can reach our accounts to, those people who have gone far away from our life and will never return. there may be a mirror that can show us, those people from whom we can never meet again. there may be a watch that allows us to relive all those...

World Languages, 7 months ago

What is dactelopeteri dae??

Social Sciences, 7 months ago

Name all the 7 wonders of the world....!! ✖Don't spam ✖☄☄...

Math, 1 year ago

A gardener planted 264 marigolds,425 Rose's and 240 sunflowers.How many flower plants did he plant in all?

Chemistry, 1 year ago

on moving down the group boiling point and melting point decreases why ??...

Math, 1 year ago

find the distance covered by the wheel of a car in 500 Revolution if the diameter of the wheel is 77 centimetre...

Purchase of furniture for cash will result​

Answers

Purchase of furniture for cash will result