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If I purchased a machinary of Rs. 50,000 and Received a
free printer of Rs. 3000 . What its Accounting entry?

Answer Posted / satyaki_raju@yahoo.com

Dear Srinivasa Rao garu according to you not only the
printer thru purchase of machinery the entire things were
brought into business without investment.So go thru once
agin your answer and try to give correct answer. If you
feel trouble i will explain in detail if you send amessage
to my e.mail

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