The bank statement reports a credit transfer of 400 from a customer on 29 July. Accounting entries
Question:
The bank statement reports a credit transfer of £400 from a customer on 29 July. Accounting entries for this are:
(a) A debit in the Cash account and a credit in the account of the debtor concerned
(b) A debit in the Bank account and a credit in the Cash account
(c) A debit in the account of the debtor concerned and a credit in the Bank account
(d) A debit in the Bank account and a credit in the account of the customer concerned
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Related Book For 
Financial Accounting An Introduction
ISBN: 9780273737650
2nd Edition
Authors: Mr Barry Elliott, Mr Augustine Benedict
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