Business, 23.06.2020 15:01 zazy15

4. Identify the accounts affected by the following transaction and show action to take in recording the accounts in the double entry system.
Transaction
Account to be
credited
Account to be
debited
(i) Owner put cash into business.
(ii) Bought goods for cash.
(iii) Sold goods for cash.
(iv) Received cash for rent.
(v) Owner withdraws cash from business
for personal use.

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4. Identify the accounts affected by the following transaction and show action to take in recording...

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