Which of the following statements is correct? (A) We paid a creditor by cheque (B) A debtor
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Which of the following statements is correct?
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(A) We paid a creditor by cheque (B) A debtor paid us 90 in cash (C) J Hall lends us 500 by cheque (D) Bought goods on credit Effect upon Assets Liabilities -Creditors -Bank +Cash +Bank +Stock +Debtors -Loan from Hall +Capital
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