Multiple choice

An old furniture is sold for Rs. 5,000 to Mr. Adarsh in cash. The correct entry is

  1. Adarsh's A/c Dr 5,000
    To Furniture A/c 5,000
  2. Cash A/c Dr 5,000
    To Furniture A/c 5,000
  3. Bank A/c Dr 5,000
    To Furniture A/c 5,000

  4. None of these
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Cash has come in on sale of furniture, so it has to be debited. Furniture has gone out, so it has to be credited.

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