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Question

A Company makes a purchase on 10th may some office equipment . The correct journal entry will be Debit Credit
1.Office equipment Supplies
2. Purchases Office equipment
3. Accounts payable Office equipments
4. Office equipment Accounts payable

A
1
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B
2
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C
3
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D
4
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Solution

The correct option is D 4
The Journal Entry Will be
Office Equipment a/c Dr.
To Accounts Payable a/c
(being company purchased office furniture.)


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