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Question Practice

Selling goods for cash will impact which accounts?

Attempt the question, check the explanation, and continue with similar questions to build confidence before exams.

MCQ_SA
CBSE
Class 11
Accountancy
Financial Accounting - I
Recording of Transactions - I
Question Bank

Selling goods for cash will im...

Single Answer MCQ
Q-00053900

Selling goods for cash will impact which accounts?

1

Credit Sales and Cash

2

Inventory and Accounts Receivable

3

Cash and Inventory

4

Sales Revenue and Accounts Payable

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