What is a ledger entry for the sale of plant and machiner...
What is a ledger entry for the sale of plant and machinery on credit to Wilson?
Credit sales account and debit cash account
Credit plant and machinery account and debit Wilson's account
Credit sales account and debit Wilson's Account
Credit plant and machinery account and debit cash account
Correct answer is C
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NAFARA AND SONS Balance Sheet items as at 31st December, 1987. Capital N74480 Creditors N15875 ...