Question: Indicate whether the general ledger accounts will be debited or credited when recording the following entries: Issue stationery from the store for the use to
Indicate whether the general ledger accounts will be debited or credited when recording the following entries:
Issue stationery from the store for the use to an employee
Stationery Debit
Stationery Credit
Issues stationery from the store for use to an employee
Inventory Debit
Inventory Credit
Pay salaries and wages of R50 000
Bank Debit
Bank Credit
Pay salaries and wages of R50 000
salaries and wages Debit
salaries and wages Credit
Purchase stationery for the consumable store to the value of R2 500
Inventory Debit
Inventory Credit
Purchase stationery for the consumable store to the value of R2 500
Bank Debit
Bank Credit
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