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paid rs 60.000 cash on the purchase of equipment costing
80.000 the remaining amount payable with interest rate of 9%.
what is the journal enry
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Answer Posted / manish goel
Equipment A//C Dr. 80000
Interest A/C Dr. 1800
To cash A/C 60000
To cash With 9%Interest A/c 21800
| Is This Answer Correct ? | 1 Yes | 1 No |
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