No entry is required when a ___ accepts a fixed asset in payment of his dues.

None of these

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Either creditor or partner

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Creditor

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Partner

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Solution

The correct option is C
Creditor

No entry is required when a creditor accepts a fixed asset in payment of his dues.

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No entry is required when a ___ accepts a fixed asset in payment of his dues.

The correct option is C Creditor No entry is required when a creditor accepts a fixed asset in payment of his dues.

The correct option is C
Creditor

No entry is required when a creditor accepts a fixed asset in payment of his dues.