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Journal Entry

Accountancy

Introduced cash, goods and furniture into the business.

Rahul U S

CA Foundation

★ 0

29-Apr-20 17:46

414

Answers (4)

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

Ram Shete

CA Inter

★ 2K+

29-Apr-20 21:30

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

CA Foundation

★ 0

30-Apr-20 09:45

Thread Starter

Rahul U S

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?

Stock is more appropriate than purchase.