Question $3$

$($Marks:$10)$

In carrying out year$-$end procedures, four new accrual accounts are created. For each of the

transactions below, name which accrual account will be affected and whether that accrual

account will be debited or credited. Assume the current financial year end is $30$ September $2024$

for all transactions.

Note: In your answer, recreate the table below with columns for transaction number Accrual

account, Debit or credit. No amounts need to be given.