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Debits and Credits Identify debits and credits in the following transaction. a . Bought a Machine on credit from Angelo cost R 6 4 0

Debits and Credits
Identify debits and credits in the following transaction.
a. Bought a Machine on credit from Angelo cost R6400
b. Bought goods on credit from Barfield. cost R2100
c. Sold goods on credit to Carla values R750
d. Paid Daris (supplier) R250
e. Collected R300 from Elsa, a customer
f. Paid wages of R5000
g. Received rent bill of R1000 from landlord Graham
h. Paid rent of R1000 to landlord Graham
i. Paid an insurance premium of R150.
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