A supermarket buys a motor van on credit from Park Motors Ltd. The entries in the supermarket's

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A supermarket buys a motor van on credit from Park Motors Ltd. The entries in the supermarket's accounts should be:

a. Debit : Purchases and Credit: Bank

b. Debit : Purchases and Credit: Park Motors Ltd

c. Debit : Park Motors Ltd and Credit: Motor Van

d. Debit : Motor Van and Credit: Park Motors Ltd

Related Book For answer-question

Introduction To Financial Accounting

ISBN: 978-0077138448

7th edition

Authors: Anne Marie Ward, Andrew Thomas

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Posted Date: Nov 17, 2023 07:11 AM

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A supermarket buys a motor van on credit from Park Motors Ltd. The entries in the supermarket's

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Introduction To Financial Accounting

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