Answered: Purchased goods for £1,000 paid by bank…

Purchased goods for £1,000 paid by bank transfer. The correct transaction will be: Debit: ---------- Credit: bank--------------

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Purchased goods for £1,000 paid by bank transfer. The correct transaction will be:

Debit: ---------- Credit: bank--------------

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