(8) Goods of * 15.000, sold on cash for * 28000
to which account the following transaction will be debited and credited
DEBIT EFFECT
A)benifit reciver person
B)goods /asset comes in
C) in case of expenses/loss
CREDIT EFFECT
A) benifit giver person
B) goods/assets goes out
C)in case of income /gain
Answers
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Answer:
(8) Goods of * 15.000, sold on cash for * 28000
to which account the following transaction will be debited and credited
DEBIT EFFECT
A)benifit reciver person
B)goods /asset comes in
C) in case of expenses/loss
CREDIT EFFECT
A) benifit giver person
B) goods/assets goes out
C)in case of income /gain
Explanation:
answer Debit B and credit a
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