Draw up the double-entry accounts to record the following transactions. 1 Mar Goods bought on credit for
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Draw up the double-entry accounts to record the following transactions.
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1 Mar Goods bought on credit for 32 from T Burke. 3 Mar Goods bought on credit for 81 from W Randlesome. 9 Mar We return goods to Burke worth 12. 12 Mar We pay Randlesome by cheque for the full 81. 15 Mar We settle our account with Burke by a cash payment of 20.
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1 Mar T Burke 3 Mar W Randlesome 12 Mar Bank 9 Mar ...View the full answer
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Related Book For
Frank Woods Business Accounting Basics
ISBN: 9780273725008
1st Edition
Authors: Frank Wood, Mr David Horner
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