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Journal Entry

Introduced cash, goods and furniture into the business.


Rahul U S

Rahul U S

CA Foundation

0

29-Apr-20

78

Answers (4)

Cash ac Dr Purchase ac Dr Furniture ac Dr To capital ac


Ram Shete

Ram Shete

CA Inter

2K+

29-Apr-20

Thank you. But i also hear a different answer Cash ac Dr Stock ac Dr Furniture ac Dr To capital ac What is really the right answer or is both correct?


Thread Starter

Rahul U S

Rahul U S

CA Foundation

0

30-Apr-20

Suraj Lakhotia Admin

Stock is more appropriate than purchase.

Thank you��


Thread Starter

Rahul U S

Rahul U S

CA Foundation

0

30-Apr-20

All the Best
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