A

Admin • 833.24K Points
Coach

Q. When a machine is sold, the account credited is:

  • (A) Machine A/c
  • (B) Sales A/c
  • (C) Cash A/c
  • (D) Bank A/c
  • Correct Answer - Option(A)
  • Views: 23
  • Filed under category Accounting
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Explanation by: Admin

When an asset is sold, the respective asset account is credited to remove it from the books.

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