For each of the business transactions listed below, you are to enter in the Workbook:

a the account name, with debit account first b if the account entry is a debit or credit c the chart of account group name; that is CA, NCA, CL, NCL, OE, R, E d if the entry is an increase or decrease to the account balance.

If appropriate, assume the periodic inventory system is used.

The business transactions are:

– credit sale

– direct remittance from customer and discount applies

– dishonour of customer’s deposited cheque, no discount applies

– write-off customer’s account as a bad debt

– direct deposit received from a bad debt written off in the previous accounting period.