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Commerce · Q253

Accounting

Graduate and Post Graduate · Commerce · question 253

Q253

Which of the following account will be credited when the goods are purchased on cash?

A.
Stock account
B.
Cash account
Answer
C.
Supplier account
D.
Work in progress account

Answer: Option B

Solution

Answer: Option B
Solution:
Cash account will be credited when the goods are purchased on cash.
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