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Purchase of office equipment for cash will be recorded on which...

This question belongs to Commerce Accounting
Accounting
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Purchase of office equipment for cash will be recorded on which side of a cash book?

Answer & Solution
Correct Answer: Option B
Purchase of office equipment for cash will be recorded on Payments side of a cash book. All transactions in the cash book have two sides: debit and credit. All cash receipts are recorded on the left-hand side, and all cash payments are recorded by date on the right-hand side.
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