1 A business sells goods for 1,000 paid into its bank account. The entries to be made...

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1 A business sells goods for £1,000 paid into its bank account. The entries to be made are:

(a) Debit Sales account Credit Bank account

(b) Debit Inventory account Credit Bank account

(c) Debit Bank account Credit Sales account

(d) Debit Bank account Credit Purchases account

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Related Book For  book-img-for-question

Accounting And Finance For Business

ISBN: 9780273773948

1st Edition

Authors: Geoff Black, Mahmoud Al-Kilani

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