what is the journal entry for ' sold old furniture for rs 50000'

cash. Dr. 50000
to sale of old furniture. 50000
  • 8
cash a/c   -Dr.             50000
    to old furniture a/c 50000
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Cash a/c   Dr.

To   Furniture a/c

  • 9
cash a/c Dr.           50000
   to furniture a/c                          50000
  • 1
cash. a/c. dr To furniture a/c
  • 3
Cash A/C. Dr To sale of old furniture
  • 4
cash A\C. Dr. 50000 to furniture A\C. 5000p
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My dear, your answer is , Cash a/c Dr 50000 To Machinery a/c 50000
  • -2
cash a/c Dr.       50000
To furniture a/c         Cr.       50000

 
  • 1
Cash account debit and Furniture account credit
  • 1
Cash/Bank a/c. Dr. 50000
To sale of old furniture 50000
  • 1
Cash A/C Dr.
To Furniture A/C..
  • 1
Cash a/c dr
To furniture a/c
  • 2
Furniture a/c -dr=50000
Sales a/c=50000
(Being cash is goes
Out)
  • -1
Cash a/c Dr To old Furniture a/c
  • 1
Cash a/c Dr. | 50000
To Furniture a/c | 50000
  • 3
By cash 50000 to sale 50000
  • 0
Furniture
To sales
  • 0
Cash ac Dr. To furniture ac
  • 1
Cash a/c dr. 50000
To old furniture a/c 50000
  • 1
Date       Particulars                                                 L.F.      Debit              Credit
___        Cash A/C                                ...Dr.                       50,000
                      To Furniture A/C                                                                   50,000
              ( Being the furniture sold for Rs. 50,000)                                               .
              
  • 2
Cash/bank A/c. Dr. 50000
To furniture A/c. 50000
  • 1
banka/c dr. 50000
to furniture a/c. 50000
  • 1
Solution of this question

  • 1
Old Furniture ac ___dr 50000
To sales ac____cr 50000
[Being goods sold]
  • -1
Cash a/c dr. 50000
To furniture a/c. 50000
  • 1
Cash account Dr to furniture account
  • 1
Make a journal entry of sold old furniture for 5000
  • -1
furniture account debit to cash A/c 50000
  • 0
furniture account debit to cash account 50,000
  • 0
Cash ac dr 50000
To furniture ac 50000
  • 0
cash account debited to old furniture account
  • 0
furniture is assets  and it dont matter if it is old or new
therefore entry in books of journal will be
furniture a/c.......dr               50000
to cash a/c......                                 50000
  • 0
Sales a/c Dr 50000 To furniture a/c 50000
  • 0
Furniture a/c dr. 50000. To. cash a/c. 50000.
  • 0
Please find this answer

  • 0
Regards

  • 0
Old furniture a/c. Dr. 50000
To cash a/c. 50000
  • 0
Furniture A/c  Dr.      50000
    To Sales A/c   Cr.                50000
 
  • 0
Cash a/c Dr. 50000
To furniture a/c. 50000
  • 0
Cash A/C ...........Dr. 50,000 ---------
To sale of old fur.A/C. ---------. 50,000
(Being sale of old furniture via cash)
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Furniture ac dr to sale
  • 0
Please find this answer

  • 0
Cash a/c dr 50000
To furniture a/c 50000
( Being sale of old furniture)
Hope my answer helps u
  • 0
Cash a/c dr. 50,000
To furniture a/c 50,000
  • 0
If it is sold to mr.x on credit then,
Mr.x a/c dr 50,000
To sales a/c 50,000

If it is sold for cash then,
Cash a/c dr 50,000
To sales a/c 50,000
  • 0
Cash account dr .
To old furniture
  • 2
Cash A/c dr.
To old machinery A/c. Cr.
  • 0
Cash A/c. Dr.
To old machinery A/c. Cr.
  • 0
Old furniture Dr 50000
To cash/bank. 50000
  • 0
Cash A/c Dr. ? 50,000
To Furniture A/c ?50,000
  • 0
cash account Dr. 50,000.
to old furniture account. 50, 000
  • 0
What are you looking for?