Which two ledger accounts would you use in recording each of the following transactions? (a) cash sales
Question:
Which two ledger accounts would you use in recording each of the following transactions?
(a) cash sales
(b) rent paid by cheque
(c) wages paid in cash
(d) a supplier of goods paid by cheque
(e) goods sold on credit to Ford.
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Here are the ledger accounts typically used to record each of the transac...View the full answer
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Kirti Kaushal
Having experience of more than 10 years is good enough to coach my students. Currently, I am working as an active supervisor of ACCA students. In my career, I helped students in financial accounting, management accounting, cost accounting, financial reporting, taxation, and audit. I also helped students publish their articles or papers in good journals. I also helped students with thesis and objective writing.
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