Complete the table by stating, for each transaction, the book of prime entry to be used; the
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Complete the table by stating, for each transaction, the book of prime entry to be used; the account to be debited; and the account to be credited.
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Transaction Electricity paid by cheque Fixed asset sold on credit Purchases made on credit Receipts paid into bank Credit sale of goods Fixed assets purchased on credit Goods returned to supplier Fixed asset sold for cash Goods returned from customer Purchases paid for with cash Book of prime entry Account debited Account credited
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