A cheque drawn by Dawn Toby, a trade customer, is received back from the bank marked r/d:
Question:
A cheque drawn by Dawn Toby, a trade customer, is received back from the bank marked ‘r/d’:
(a) Debit Bank account and credit Cash account
(b) Debit Dawn Toby’s account and credit Bank account
(c) Debit Bank account and credit Dawn Toby’s account
(d) Debit Cash account and credit Bank account
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b Debit Da...View the full answer
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Related Book For 
Financial Accounting An Introduction
ISBN: 9780273737650
2nd Edition
Authors: Mr Barry Elliott, Mr Augustine Benedict
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