Credit Sale of an asset should be firstly entered in
ASales Day Book
BDebtor's Ledger
CJournal Proper
DCreditor's Ledger
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Related Questions:
Valuation of closing stock is based on the concept.
When an asset is purchased debit is given to ________ account.
The system of pricing of funds transferred from one branch to head office and vice-versa is called :
Dividend declared by Board of Directors in between two An- nual General Body meeting is known as :
Income and expenditure account is a .......... account.