a. Bought goods on credit - Debit Purchases account; credit Accounts payable acc

Question

a. Bought goods on credit - Debit Purchases account; credit Accounts payable account b. Halim lend us RM400 by cheque - Debit Bank accout; Credit Loan account c. Buy car for cash - Debit Car account; Credit Cash account d. We pay customer, Ali by cheque - Debit Bank account; Credit Ali account a. Bought goods on credit - Debit Purchases account; credit Accounts payable account b. Halim lend us RM400 by cheque - Debit Bank accout; Credit Loan account c. Buy car for cash - Debit Car account; Credit Cash account d. We pay customer, Ali by cheque - Debit Bank account; Credit Ali account a. Bought goods on credit - Debit Purchases account; credit Accounts payable account b. Halim lend us RM400 by cheque - Debit Bank accout; Credit Loan account c. Buy car for cash - Debit Car account; Credit Cash account d. We pay customer, Ali by cheque - Debit Bank account; Credit Ali account Question 8 Not yet answered Marked out of 1.00 P Flag question 17. C2.Which of the following is incorrect? Select one O a. Bought goods on credit-Debit Purchases account, credit Accounts payable account o b. Halim lend us RM400 by cheque - Debit Bank accout, Credit Loan account O c. Buy car for cash - Debit Car account, Credit Cash account O d. We pay customer, Ali by cheque- Debit Bank account, Credit Ali account

Explanation / Answer

Solution: We pay customer, Ali by cheque - Debit Bank account; Credit Ali account

Explanation: Debit Ali account; Credit Bank account

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