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A customer, Neil, pays the business by cheque for goods previously bought by him on credit. which entries record the payment in the business' legers?
A customer, Neil, pays the business by cheque for goods previously bought by him on credit. which entries record the payment in the business' legers?
ACCOUNT TO BE DEBITED ACCOUNT TO BE CREDITED
A) trade payables bank
B) bank trade payables
C) bank trade receivables
D) trade receivables bank
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