The owner of a business purchased a new delivery vehicle for business use. A cash deposit of

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The owner of a business purchased a new delivery vehicle for business use. A cash deposit of 10 percent was paid at the time of purchase; the balance is to be paid in four months' time. Which books or prime entry snouia toe used to record this information?

A. General journal

B. General journal and cash book

C. Purchases journal

D. Purchases journal and cash book

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Accounting For Cambridge International AS And A Level

ISBN: 9780198399711

1st Edition

Authors: Jacqueline Halls Bryan, Peter Hailstone

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