2906213
Description
Flashcards by Choon Han Chia, updated more than 1 year ago
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Created by Choon Han Chia
over 10 years ago
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| Question | Answer |
| Father of Accounting | |
| CASH SALES | Debit Cash Credit Sales |
| Take sofa for personal use | Debit Drawings Credit Furniture |
| Paid rental by cheque | Debit Rental Credit Bank |
| Transfer cash into bank | Debit Bank Credit Cash |
| Returns goods from Big Bang | Debit Returns Inwards Credit AR-Big Bang |
| Bought printer from Small Apple ltd | Debit Office Equipment Credit Small Apple ltd |
| Start the company with the cash | Debit Cash Credit Capital |
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