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Basic Financial Accounting Short Questions
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Pregunta:
Which of the following are correct? Transaction: Debit: / Credit: (1) Paid for advertising by cheque- Advertising / Bank (2) Sold van for cash (the company's normal operations does not involve selling of vans)- Cash / Sales (3) Owner withdrew cash for personal use- Cash / Drawings (4) Paid for rent by direct debit- Rent / Bank Select one alternative: A (1) and (3) only B (2) and (3) only C (1) and (2) only D (1) and (4) only
Autor: Gonza RRespuesta:
B (2) and (3) only
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