Multiple Choice
A business purchased a delivery vehicle for $42 000 cash.The debit and credit entries are:
A) Debit Cash $42 000;credit Delivery Vehicle $42 000.
B) Debit Delivery Vehicle $42 000;credit Cash $42 000.
C) Debit Delivery Vehicle $42 000;credit Equity $42 000.
D) Debit Delivery Vehicle $42 000;credit Creditors $42 000.
Correct Answer:

Verified
Correct Answer:
Verified
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