Accountancy, asked by pp401777, 1 month ago

Purchase of Furniture included in
purchases should be

Answers

Answered by mauryavijay8088

1

Explanation:

According to the rule of Real Account, ( Debit what comes in, Credit what goes out ). Furniture is coming into the business, therefore, it will be debited and as cash is going out of the business, it will be credited. (Being Furniture purchased for Cash).

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