For the following transactions state the accounts to be debited and credited. (a) Goods sold to K

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For the following transactions state the accounts to be debited and credited.

(a) Goods sold to K Jones on credit are returned due to unsuitability.

(b) Butcher purchases new bacon slicer, paying by cheque.

(c) Baker sends buns back to A Francis, the original supplier, due to them being stale.

(d) Fast food outlet sells pizzas for cash.

(e) Local shop sells counter on credit to E Polley.

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Frank Woods Business Accounting Basics

ISBN: 9780273725008

1st Edition

Authors: Frank Wood, Mr David Horner

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