John Limited purchase good for rupees 45000 in for cash there will be.
a) Increase in cash and decrease in stock by rupees 45000
b) Increase in laboratory and decrease in stock by rupees 45000
c) Increase in debit and increase in stock by rupees 45000
d) Increase in stock and decrease in cash by rupees 45000.
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Answer:
d) Increase in stock and decrease in cash by rupees Rs. 45,000
Explanation :
Goods puchased that's why stock increased Rs. 45,000, cash goes out that's why decreased Rs. 45,000
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