To which class of account would the bookkeeper post each of the payments listed below? (a) Payment
Question:
To which class of account would the bookkeeper post each of the payments listed below?
(a) Payment for paper for the office photocopier
(b) Payment of rent for office premises
(c) Repayment of part of a loan borrowed from a friend
(d) Payment of salaries for office staff
(e) Payment to repair office vehicle
(f) Payment for goods bought for sale
(g) Payment for furniture acquired for office use
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Related Book For
Financial Accounting An Introduction
ISBN: 9780273737650
2nd Edition
Authors: Mr Barry Elliott, Mr Augustine Benedict
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