Accounting for IGCSE & O level - The Fundamentals Of Accounting (Section 30 - No. 20)
Which entries would typically appear on the credit side of the cash book's cash column?
Cash payments for wages.
Cash withdrawn from the bank.
Cash paid to suppliers.
Cash sales.
Explanation
Cash payments for wages and cash paid to suppliers represent cash outflows, decreasing the cash balance, so they are recorded on the credit side.
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