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    Question

    Which of the following options is the correct journal

    entry for the given transaction? Office furniture is purchased from Modern Furniture for ₹45,000. ₹15,000 is paid by cash immediately and balance of ₹30,000 is still payable.
    A 1 Correct Answer Incorrect Answer
    B 2 Correct Answer Incorrect Answer
    C 3 Correct Answer Incorrect Answer
    D 4 Correct Answer Incorrect Answer

    Solution

    The correct answer is C

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