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Mr. A purchased a car worth of rupees 2,00,000 on cash than
what would be the entry
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Answer Posted / anasuya.d
car a/c dr
TO cash a/c cr
(being car purchased by Mr.A on cash
due to car is a fixed asset so instead of purchases we
should debit to car)
| Is This Answer Correct ? | 2 Yes | 0 No |
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