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Antics Electronic Company recently bought six generators. Which of the following is the correct method of recording this transaction?
Question 1
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Antics
Electronic Company recently bought six generators. Which of the following is the correct method of recording this transaction?
Debit generator account and credit cash account
Debit purchases account and credit cash account
Debit cash accounts and credit purchases account
Debit cash account and credit generator account
Answer Details
Read lesson note on Cashbook (JAMB)
Cashbook
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