Accounting for IGCSE & O level - The Fundamentals Of Accounting (Section 21 - No. 1)
If a business pays a supplier in cash, where would this be recorded in the cash book?
Debit side of the bank column.
Credit side of the cash column.
Debit side of the cash column.
Credit side of the bank column.
Explanation
Paying in cash results in cash decrease, so credit in the cash column.
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