Accounting · Introduction to Accounting
Ashoka Ltd. purchased a machine from Tata & Sons for Rs. 1,50,000. In accounting terms, this is classified as:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 1None of the above
- 2A non-financial data
- 3An event
- 4A transaction✓
Correct answer
A transaction
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
👥
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Online Test Series
Start Free Mock Test →Preparing for Accounting?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Chapter Practice
Practice Introduction to Accounting MCQs →Want more practice questions on Introduction to Accounting?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Accounting · Introduction to Accounting