Murphy Haulage

Double Entry: Transaction 5 / of 5

Scene 21 / of 52

May 31: Insurance premium of €1850 is paid by cheque.

Now record the tranaction in the Bank Account.


DR CR
Date Details Amount Date Details Amount
March 1 Balance b/d 38000 May 12 Vehicle running costs Account 1750
May 1 Rental Income Account 1300 May 25 Vehicle repairs Account 0



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