trase the following transactions under traditional Approach in following form
Amount
Debit/Credit
Name of the
Rule of the Ale
Hend of the A
Nature of the e
NO
a. Purchased furniture for 20,000.
1. Cash paid to Madan our creditor 210.000.
c. Cash deposited in bank 25.000
d. Rent paid 8.000.
e Commission received 3.000.
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Answer:
Option (a) is the correct answerrrrrrrr.
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