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Identify following transaction whether it is cash or credit and give reason for it.
1]
Purchase is made of Rs. 30000 from Raman
2] Commission received Rs. 5000..
3
Goods of Rs. 8000 sold to Nila for Rs. 15000
A computer purchased for Rs.8000.
5
Stationery purchased Rs. 1000
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Answer:
1-cash
2-credit
3-credit
5-cash
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