A business has purchased a building on cash how it would be-10852
A business has purchased a building on cash, how it would be recorded in the journal?
This multiple choice question (MCQ) is related to the book/course
vu fin621 Financial Statement Analysis.
It can also be found in
vu fin621 Final Term - Quiz No.3.
A business has purchased a building on cash, how it would be recorded in the journal?
Building - Debit; Cash - Credit
Cash - Debit; Building - Credit
Building - Debit; Owner's equity - Credit
Building - Debit; Accounts Payable - Credit
