Action Accounting
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Twilight Travel
Double Entry: Transaction 2 / of 6
Scene 6
/ of 48
Introduction
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Double Entry
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A supply of stationery items was purchased on January 26th and a cheque was written for €188.
Jan 26: Purchased stationery paying €188 by cheque.
Tick which two ledger accounts should be used.
Advertising Account
Bank Account
Capital Account
Commission Receivable Account
Creditor - Pro Printing Ltd Account
Creditor - Smart Adverts Ltd Account
Electricity Account
Fixed Assets Account
Printing & Brouchers Account
Purchases Account
Stationery Account
Wages Account
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Yes, the bank account and the stationery account are the two correct accounts that must be updated.
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Are you sure? Try again.
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Are you sure? A cheque has been written, taking money out of the bank. What type of expense is being paid? Remember stationery is not a stock itemn - it is an expense, therefore purchases is not updated.
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