Question
When passing a journal entry for this transaction what would be credited? Owner paid personal telephone bill of $150 from company's chequebook Question 8 options:
When passing a journal entry for this transaction what would be credited? "Owner paid personal telephone bill of $150 from company's chequebook" Question 8 options: Owner's Equity A/c Telephone Expense A/c Sales Revenue A/c Cash A/c
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Management Accounting
Authors: Anthony A Atkinson, Robert S Kaplan
5th Edition
136005314, 978-0136005315
