Cr. Cash A/c 10,000.00 Dr. Fixed asset A/c 1,000.00 Dr. Stock 9,000.00

if i bought 10 car @ Rs1000 each.one car i used for office
use then what will be the entry?

Question Posted / selvam

Answer Posted / selvam

Cr. Cash A/c 10,000.00
Dr. Fixed asset A/c 1,000.00
Dr. Stock 9,000.00

Is This Answer Correct ?

8 Yes

11 No

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