Under the hire purchase account. the cash selling price is ____________
A. debited to the asset account and credited to the hire purchase vendor's account B. credited to the asset account and debited to the hire purchase vendor's account C. debited to hire purchase vendor's account and credited to the bank account. D. credited to hire purchase vendor's account and debited to the bank account
Correct Answer: A
Explanation
A book does not require any cash. It records transaction details
