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Mr. X is a dealer in electronic goods (such asrefrigerators, air conditioners, washing machines, televisions etc) He purchased 2 aironditioners and installed in his showroom. Inthe books of β€˜X’ the cost of these 2 airconditioners will be debited to

πŸ—“ Dec 12, 2024

Answer is "Fixed asset account"

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Mitesh ~ Pune 🌐 India
Drawing a/c dr
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Sanchit dixit ~ New Delhi 🌐 India
Fixed assets
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Sheezan Rashid ~ Srinagar 🌐 India
Fixed assets
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Anonymous 🌐 India
Mr. X is a dealer in electronic goods (refrigerator, washing machine, air conditioners, televisions, etc.) He purchased two air conditioners and installed in his showroom. In the books of X the cost two air conditioners will be debited to
A. Fixedassets
B. Drawing account
C. Capital Account
D. None of the above
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