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Some of ABC's Transactions for the Month of October Are

Question 41

Multiple Choice

Some of ABC's transactions for the month of October are as follows.Which transaction,if any,is an expense for the month of October?


A) Purchased $50 worth of petrol on credit,to be paid for in November
B) Paid $1000 off a loan obtained during July
C) Paid a mechanic $250 for repair work carried out in September
D) Purchased a photocopier for $15 000

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