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    5. Which of the following options is the correct journal entry for the given transaction? Office furni

    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

    Practice Next
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