Q. If one of the cars purchased by a car dealer isused for business purpose, instead of resale,then it should be recorded by_____?

Question ID: 11695
  1. Dr Office Expenses A/c & Cr Motor Car A/c
  2. Dr Motor Car A/c & Cr Purchases A/c
  3. Dr Drawing A/c & Cr Purchases A/c
  4. Dr Motor Car & Cr Sales A/c


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