Accounting for IGCSE & O level - The Fundamentals Of Accounting (Section 5 - No. 30)
For a cheque drawn from the bank account to pay an expense.
Debit expense account, Credit bank account.
Credit expense account, Debit bank account.
Debit cash account, Credit bank account.
Debit bank account, Credit expense account.
Explanation
Debit expense account, Credit bank account.
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