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Question

Purchase of goods on credit from a is recorded as: A. Debit Purchase a/c ; credit cash a/c B. Debit A a/c ; credit purchase a/c C. Debit purchase a/c ; credit A's a/c D. Debit A a/c ; Credit stock a/c


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Solution

Answer: C. Debit purchase a/c ; credit A’s a/c


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