Which of the following accounts will be credited if a company purchases building for cash?
Correct answer D. Cash account
Tip: press A, B, C or D to answer, and N for the next question.
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More Accounting questions
See allIn which of the following orders data is entered in journal?
Correct answer D. Chronological order
The standard format of journal does not include which of the following?
Correct answer A. Assets column
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Journals are also referred as?
Correct answer B. Book of original entries
Which of the following accounts will be debited if the business’s owner withdraws cash from business for his personal use?
Correct answer A. Drawings
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