The price paid for the purchase of for the purc... - WAEC Accounting 1991 Question
The price paid for the purchase of for the purchase of a business is
A
debited to the cash account and credited to the vendor's account
B
credited to the cash account and debited to the vendor's account
C
credited to the business purchases account and debited to the assets account
D
debited to the business purchase account and credited to the assets account
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Correct Option: B
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