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Question
Prepare Furniture A/c from the following transactions.
| 2016 Jan | Particulars | ₹ |
| 1 | Furniture in hand | 2,000 |
| 1 | Purchased furniture for cash | 4,000 |
| 30 | Sold furniture | 400 |
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Solution
Furniture Account
Dr. Cr.
| Date | Particulars | J.F. | ₹ | Date | Particulars | J.F. | ₹ |
| 2016 | 2016 | ||||||
| Jan. 1 | To Balance b/d | 2,000 | Jan. 30 | By Cash A/c | 400 | ||
| 1 | To Cash A/c | 4,000 | 31 | By Balance c/d | 5,600 | ||
| 6,000 | 6,000 | ||||||
| Feb. 1 | To Balance b/d | 5,600 |
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