• Double entry book keeping
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  • What is the double entry rules for Asset?
    Asset increase debit and Asset decrease credit
  • Find the two accounts involved in the given transaction. Paid cash $ 500 to a credit supplier Mr. Been
    Mr. Been a/c Debit Cash a/c Credit
  • Ajay began business. He opened a business bank account and invested $ 80 000 as capital. Which account is debited and which is credited?
    Bank a/c Debited Capital a/c Credited
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