Double entry Jack owns a business selling computers. The following transactions took place during the first week
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Double entry Jack owns a business selling computers. The following transactions took place during the first week of September.
Required
State the ledger accounts to be debited and credited to record these transactions.
Transcribed Image Text:
Date Details 1 Sept Introduced additional capital into the bank account 5 000 1 Sept Purchased goods for resale on credt 3 450 3 Sept Sold goods for cash 875 3 Sept Sold goods on credit 2 119 %24
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Related Book For
Accounting For Cambridge International AS And A Level
ISBN: 9780198399711
1st Edition
Authors: Jacqueline Halls Bryan, Peter Hailstone
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