Record the following transactions by using the double entry system: Oct. 1: Bought goods on credit from
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Record the following transactions by using the double entry system:
Oct. 1: Bought goods on credit from Tiles Supplies costing €800 Oct. 4: Bought goods of €650 paying by cheque.
Oct. 6: Cash sales of €300.
Oct. 12: Sold goods on credit to Antoine New, which amounted to €830.
Oct. 13: Antoine New returned goods costing €30.
Oct. 18: Bought goods on credit from Tiles Supplies of €330.
Oct. 24: Returned faulty goods to Tiles Supplies of €92.
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Financial Accounting: From Its Basics To Financial Reporting And Analysis
ISBN: 9781527547261
1st Edition
Authors: Simeon Spiteri
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