Question

What will the journal entry of repairing charges for household furniture of rs 500 paid through office cash

Answer 1

Answer:

The journal entry is as follows:

Repairs to furniture a/c dr

To cash/bank a/c

Repairs is expense and nominal a/c so debited

Cash is real a/c and goes out of business so credited

Or

Bank is personal a/c and giver if cheque payment so it will be credited