C-05-Q099mediumsingle_mcq
For the fan purchased on credit by Mr. Apu, the entry is:
For the fan purchased on credit by Mr. Apu, the entry is:
- aFurniture debit, Cash credit
- bFurniture (asset) debit, Accounts Payable credit
- cCash debit, Furniture credit
- dDrawings debit, A/P credit