Which of the following transactions will result in increase in assets and increase in liabilities? A...
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Which of the following transactions will result in increase in assets and increase in liabilities? A Payment made to creditiors. B C Goodwill account written off. E Issue of bonus shares. D Machinery purchased on account. None of these. Which of the following transactions will result in increase in assets and increase in liabilities? A Payment made to creditiors. B C Goodwill account written off. E Issue of bonus shares. D Machinery purchased on account. None of these.
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Answer D Machinery purchase on account Explanation Machinery purch... View the full answer
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