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Business, 27.06.2020 15:01 shyann78

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

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