7 A business pays a cheque for 4,100 for a van, of which 150 is for road...
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7 A business pays a cheque for £4,100 for a van, of which £150 is for road tax. What would be the correct bookkeeping entries?
(a) Dr Van £4,100, Cr Bank £4,100
(b) Dr Bank £4,100, Cr Van £3,950, Cr Motor expenses £150
(c) Dr Motor expenses £4,100, Cr Bank £4,100
(d) Dr Van £3,950 and Dr Motor expenses £150, Cr Bank £4,100
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Related Book For
Accounting And Finance For Business
ISBN: 9780273773948
1st Edition
Authors: Geoff Black, Mahmoud Al-Kilani
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