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What Is The Entry Of fixed Assets & Which Ledger? How Many
Entries Are Posted For 1 Transaction? If We Paurchase Asset
From XYZ Ltd. & Make Payment.
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Answer Posted / kiran
FIXED ASSETS(ANYTHING)A/C DR
TO XYZ A/C
( BEING PURCHASE FIXED ASSETS FROM XYZ)
XYZ A/C DR
TO BANK A/C
(PAYMENT BY BANK)
| Is This Answer Correct ? | 14 Yes | 2 No |
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