The purchase of ten ceiling fans by Akpan Electronic Enterprises will be recorded as
A an acquisition of fixed asset
B an expense in its general office expense account
C part of capital in the capital account
D an acquisition of stock
Answer is D
Tutors, Past Questions and Projects.
The purchase of ten ceiling fans by Akpan Electronic Enterprises will be recorded as
A an acquisition of fixed asset
B an expense in its general office expense account
C part of capital in the capital account
D an acquisition of stock
Answer is D
