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Question
The Journal Entry to acquire an asset from vendor will be:
Options
Sundry Assets A/c Dr.
To Vendor's A/cVendor's A/c Dr.
To Sundry Assets A/cSundry Assets A/c Dr.
To Cash A/cCash A/c Dr.
To Sundry Assets A/c
MCQ
Solution
Sundry Assets A/c Dr.
To Vendor's A/c
shaalaa.com
Issue of Debentures for Consideration Other than Cash
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