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Complete the entries for the following table. The first item has been done for you. 1. Noel pays a cheque

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Complete the entries for the following table. The first item has been done for you.

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1. Noel pays a cheque into his business Bank account as capital 2. Purchases some stock and pays by cheque 3. Sells some stock and banks the takings 4. Pays rent by cheque 5. Purchases shop fittings and pays by cheque 6. Cashes cheque for personal expenses 7. Pays wages by cheque 8. Returns stock to supplier and banks refund 9. Receives rent from tenant and banks cheque 10. Refunds money to customer by cheque for goods returned 11. Motor vehicle purchased and paid for by cheque 12. Pays for petrol for motor vehicle and pays by cheque Debit account Bank Credit account Noel - Capital

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Related Book For  answer-question
Accounting A Level And AS Level

Accounting A Level And AS Level

ISBN: 9780521539937

1st Edition

Authors: Harold Randall

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Question Details
Chapter # 1- Double entry book keeping: cash transactions
Section: EXERCISE
Problem: 2
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Question Posted: August 28, 2023 13:52:14
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