7. On 31st December, 2010 Ashok Ltd. purchased a machine from Mohan Ltd. for 1.75,000. This
is:
(CPT, 2007. Nov.)
(A) A transaction
(B) An event
(C) Both a transaction as well as an event (D) None of these
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Answer:
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Answered by
0
Answer:
Option (A) A transaction.
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