John brought in an additional plant into his business. Wh...
John brought in an additional plant into his business. What are the accounting entries necessary to reflect the transaction?
Debit plan account, credit current account
Debit current account, credit plant account
Credit plan account, credit profit and loss account
Debit profit and loss account, credit plant account
Debit plant account, credit capital account
Correct answer is E
No explanation has been provided for this answer.
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