accounting


This query is : Resolved 

(Querist)
05 April 2009 Dear sir

1.what is the journal entry for product taken for office use from product purchased for business use




05 April 2009 can u tell me the diff between office use and business use????

Mukund (Expert)
06 April 2009 if you purchase goods for Trading purpose then entry will be

Purchase A/c Dr
to Supplier A/c

& if Product is purchases for office use then it will be as under

Expenses A/c Dr
to Supplier A/c



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