Question:The following entry was made on March 12 for XYZ Company:

Dr: Machinery
Cr: ACCounts Payable

For which of the following transactions was this entry made? 

A Payment for purchase of machinery 
B Sale of machinery 
C Depreciation of machinery 
D Purchase of machinery 

+ Answer
B 

+ Explanation
Answer not sure

+ Report

Md. Habib Ullah

Editor, VCampus

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