Accounting for IGCSE & O level - The Fundamentals Of Accounting (Section 20 - No. 46)
Which is the correct impact for a business when they receive a direct credit?
The bank column will increase.
The cash column will increase.
Both columns will decrease.
Both columns will increase.
Explanation
The direct credit increases the business's bank balance, and recorded on debit in the bank column.
Comments (0)
