Saved Bookmarks
| 1. |
What will be the journal entry for goods used in making furniture ( sale price 5000 and cost price 4000) |
|
Answer» Furniture A/c Dr. 4,000 To Purchases A/c 4,000 (being own STOCK used for making furniture costing 4,000) Many GOT confused to write 5000 or 4000 but here, It is 4000 as our own stock has been used. |
|