BGCSE Bookkeeping & Accounts Practice Questions - BGCSE Bookkeeping And Accounts Exam

A business buying a motor van on credit from Nassau Motors will record the transaction by which ledger entries?

Debit Cash Account, Credit Nassau Motors Account Debit Motor Vehicles Account, Credit Cash Account Debit Nassau Motors Account, Credit Motor Vehicles Account Debit Motor Vehicles Account, Credit Nassau Motors Account

Correct Answer:

Debit Motor Vehicles Account, Credit Nassau Motors Account

Access more questions from this quiz

Continue to BGCSE Bookkeeping & Accounts Practice Questions - BGCSE Bookkeeping and Accounts Exam for more practice questions and the full quiz experience.

Access More Questions