As the bookkeeper, to which side of the appropriate ledger account will you post the following transactions

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As the bookkeeper, to which side of the appropriate ledger account will you post the following transactions already recorded in the Cash account:

(a) Payment of rent for business premises

(b) Receipt of capital from the proprietor

(d) Payment for a vehicle

(e) Payments for purchasing goods for sale

(f) Payment of telephone bills

(g) Receipt of an amount as loan

(h) Repayment of part of the loan

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Financial Accounting An Introduction

ISBN: 9780273737650

2nd Edition

Authors: Mr Barry Elliott, Mr Augustine Benedict

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Question Posted: Aug 26, 2023 06:43 AM

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As the bookkeeper, to which side of the appropriate ledger account will you post the following transactions

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DEBIT CREDIT (x) (y)

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Financial Accounting An Introduction

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