Deepak Ltd. Purchaed furniture of ₹ 2,20,000 from M/s. Furniture Mart.
Channel: Doubtnut
Date: 29/03/2020

Deepak Ltd. Purchaed furniture of ₹ 2,20,000 from M/s. Furniture Mart. 50% of the amount was paid to M/s. Furnishar Mart by accepting a Bill of Exchange and for the balance the company issued 9% Journal entries in the books of Deepak Ltd.