Category: IC26 LIFE INSURANCE FINANCE – 05

Que. 1 : Q1) Identify which is the Right Answer in the given situation. Selva Stores sold its Computer to Mr.Ganesh for credit. What is the debit and credit entries.    1.  a) Computer account Debited; Selva stores Account credited Ganesh Account Debited; Computer account credited    2.  b) Ganesh Account Debited; Sales account Credited Selva Stores Account Debited; Sales […]