I have a question about how to log a journal entry.
I have a piece of furniture that I want to enter as a fixed asset. It was paid by owners capital/investment.

Would this be a double journal entry?

What are my dr/cr entries?

Thanks!

It is shoul be credited defintely bcoz its from basic rule of accounting

Very useful, mayank.

If I'm interpreting what happened correctly, you'd debit whatever asset account you want to use (like Furniture & Fixtures is a common name) and credit the owner's capital account. This isn't any different than the owner investing cash. An asset is an asset.

Entry will be passed by Debiting Furniture A/c [Increase in assets - Dr] and crediting Capital A/c [Increase in Capital - Cr]
I have followed the Modern Concept of Accounting.