Answered

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Which of the following are correct?

(i) Sold van for cash; Dr. Cash and Cr. Van
(ii) Returned some of Office Equipment to Suppliers Ltd; Dr.Office Equipment and Dr. Suppliers Ltd
(iii) Repaid part of loan from C Charles by cheque; Dr. Loan from C Charle and Cr. Bank
(iv) Bought machinery on credit from Betterways Ltd; Dr. Betterways Ltd and Cr. Machinery


A. (ii) and (iv) only
B. (iii) and (iv) only
C. (ii) and (iii) only
D. (i) and (iii) only
E. None of the above

Sagot :

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