Vidyalelo
Commerce · Q239

Accounting

Graduate and Post Graduate · Commerce · question 239

Q239

Which of the following account will be credited in the books of XYZ Co. Ltd, if the business purchases a vehicle thriugh cheque?

A.
Vehicle account
B.
Business account
C.
Bank account
Answer
D.
Debtors account

Answer: Option C

Solution

Answer: Option C
Solution:
Bank account will be credited in the books of XYZ Co. Ltd, if the business purchases a vehicle thriugh cheque.