What is a journal entery of purchase almirah for office
Answers
Answered by
0
Answer:
an almora costs about 20,000 rupees from start
Answered by
2
Answer:
Furniture purchased for office use -
Accounts involved, i.e., Furniture account and cash account. Both the accounts are Real in nature. 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.
So, The journal entry for the above transaction will be :-
Furniture A/c. Dr... [Amount]
To Cash A/c. [Amount]
(Being Furniture purchased for Cash).
Similar questions
Chemistry,
3 hours ago
Social Sciences,
3 hours ago
Computer Science,
5 hours ago
Math,
8 months ago