1)If a customer pays you the amount she owes in cash , what is the item exchanged.

2)If you use cash to pay a supplier of goods the amount you owe him for goods you purchased 2 months ago, what is the item exchanged.

3)If you obtain a loan of £ 5000 from a bank , what is the item exchanged.

4)What is the form of settlement in each of questions above in 1,2 and 3.

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1 2 X 2 10 Complete the following table Account to Acc... View the full answer