Question

show the effect of the following transactions on the accounting equation and indicate the account to be debited and credit.
1. Purchased stationery from MV Stationers by cheque, N$600.
2 Settled the account of a creditor, ITC, by Cheque N$4 000
3 A Loan was received from FNB by cheque, N$ 200 000.
4 Received commission by cheque, N$ 2 500. 00.
5 A client, D Chidende, was declared insolvent. His estate paid N$400 by cheque which represents 40% of the amount owing by him. The balance of his account must be written off.

Answer 1

Answer:

sorry I didn't know you try to do

pls can you mark brainlest

Answer 2

Answer:

3 ARE THE CORRECT ANSWER OF THIS QUESTION