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Teaching Accountancy Accounting for Specific Business and Transactions Question Bank MCQ - Accounting for Specific Business and Transactions

  • question_answer
    When a bill is renewed, then entry will be

    A)  No entry will be passed

    B)  Entry for renewal of bill

    C)  Entries for cancellation of old bill and renewal of bill

    D)  None of the above

    Correct Answer: C

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