Purchased furniture for cash which account will be credited.
Furniture
Purchase
Cash
None of the above
Bought goods from Naresh find out the account involved in this transaction.
Goods
Naresh
Cash A/c
Both A and B
Point out the account which be credited for the transaction of credit sales to Vinod kumar.
Sales A/c
Vinod Kumar
Outstanding expenses Account is
Debited
Credited
Both a & b
Purchased goods for cash, from this transaction which account will be debited.
Purchase A/c
Credit A/c
Goods lost by fire Rs. 800. Find out which account will be credited.
Loss by fire A/c
Goods A/c
