Accounting for IGCSE & O level - The Fundamentals Of Accounting (Section 6 - No. 20)
Which of the following transactions are recorded in the bank account?
Payments made by cheque or bank transfer.
A cheque drawn from the bank account to pay an expense.
A credit transfer from the bank current account for the purchase of an asset.
A standing order from our bank current account to pay a recurring expense
Explanation
All options involve bank account transactions.
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