For each of the following transactions indicated which accounts will be debited and credited: (i) Goods purchased
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For each of the following transactions indicated which accounts will be debited and credited:
(i) Goods purchased on credit from A. Jones.
(ii) Goods purchased for cash.
(iii) Payment to a creditor, M. Smith, less discount.
(iv) Payment for rent by cheque.
(v) Wages paid from cash.
(vi) Purchase of office equipment on credit from J. Watts Ltd.
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