Q. If one of the cars purchased by a car dealer is used for business purpose, instead of resale, then it should be recorded by
A. Dr Motor Car A/c & Cr Purchases A/c
B. Dr Drawing A/c & Cr Purchases A/c
C. Dr Office Expenses A/c & Cr Motor Car A/c
D. Dr Motor Car & Cr Sales A/c
Answer: Dr Motor Car A/c & Cr Purchases A/c
