A cheque for 1,000 received from Rebecca Jones, a customer, is accounted for as: (a) Debit Bank
Question:
A cheque for £1,000 received from Rebecca Jones, a customer, is accounted for as:
(a) Debit Bank account and credit Rebecca Jones’ account
(b) Debit Rebecca Jones’ account and credit Cash account
(c) Debit Cash account and credit Rebecca Jones’ account
(d) Debit Cash account and credit Sales account
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a Debit Ba...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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