Account for stock by using the double entry system. Question 1. Prepare the following table: Account to

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Account for stock by using the double entry system.

Question 1. Prepare the following table:
Account to be Debited Account to be Credited Bought €300 goods on credit from B. Supplies.
Cash sales €350.
Bought goods for cash €200.
Sold goods on credit of €260 to Alan Clooney.
Alan Clooney returned faulty goods costing €60.
Bought goods on credit of €145 from B. Supplies.
Returned goods to B. Supplies of €45.

Question 2. Complete the following table:

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