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  4. JAMB 1998
  5. The purchase of two...

The purchase of two generators by Hassan Electronics Enterprises should be recorded as?

Accounts - Principles of Accounts
JAMB 1998
The purchase of two generators by Hassan Electronics Enterprises should be recorded as?
  • A. an acquistion of fixed assets
  • B. an expenses in its general office expenses account
  • C. an acquistion of stock
  • D. a part of capital in the capital account
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Correct Answer: Option A
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