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From the following information, state the nature of account and state which account will be debited and which will be credited. 1. 2. 3.
From the following information, state the nature of account and state which account will be debited and which will be credited. 1. 2. 3. 4. 5. Started business with a capital of 50,00,000. Wages and salaries paid 50,000 Rent received * 2,00,000 Purchased goods on credit 9,00,000 Sold goods for 8,16,000 and received payment in cheque.
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Income Tax Fundamentals 2013
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
31st Edition
1111972516, 978-1285586618, 1285586611, 978-1285613109, 978-1111972516
