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

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

a. Debit Sales Credit Bank

b. Debit Inventory Credit Bank

c. Debit Bank Credit Sales

d. Debit Banl~ Credit Purchases

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Introduction To Accounting And Finance

ISBN: 9780273711629

2nd Edition

Authors: Geoff Black

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Question Posted: May 31, 2024 03:08 AM

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

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Introduction To Accounting And Finance

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