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QUESTION 6 2 points Save Answer Which of the following transactions will be classified as cash payments? A. Water and electricity account received, not yet
QUESTION 6 2 points Save Answer Which of the following transactions will be classified as cash payments? A. Water and electricity account received, not yet paid. B. Cash sales to customers. C. Pay an instalment on the loan, R5 000 via EFT. D. The owner paid for his personal cell phone with the debit card of the business. E. Electronic payments from the bank account to pay salaries and wages. F. Received a notice from the bank regarding the reversal of a deposit into the bank account. This deposit was made by a customer (debtor) in settlement of her account. OG. The owner took inventory for his personal use. H.Paying a refund to a customer who returned defective inventory. 1. Bank charges deducted on the bank statement. OJ. Payment by debit order for the monthly insurance premium
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