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Where a business is purchased, the full amount of the purchase consideration is credited to

Where a business is purchased, the full amount of the purchase consideration is credited to
  • A.
    Purchase of Business Account
  • B.
    Creditor’s Account
  • C.
    Vendor’s Account
  • D.
    Purchaser’s Account
  • E.
    Debtor’s Account
Correct Answer: Option A
Explanation

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