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your help please Show the effect on A. O or L as follows: increase - - decrease o unchanged Refer to the example below: Received
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Show the effect on A. O or L as follows: increase - - decrease o unchanged Refer to the example below: Received a cash invoice from Trade Centre for a computer purchased. R11 250. General Ledger No Account debited Account credited Example Equipment Bank + 11 250 0 +11 250 Transactions: 1. Received cash for merchandise sold to B. Mars, R8 800. 2. Issued a cheque to Trade Centre in full payment of our account of R12 000 less 2% settlement discount. 3. Donated R1 500 to the Nelson Mandela Children's Fund. 4. G. Kirsten's account of R5 350 was outstanding for eight months The owner decided to impose 12% interest per year. [18]Step by Step Solution
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