Action Accounting
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Collins Consultancy
Double Entry: Transaction 6 / of 7
Scene 23
/ of 68
Introduction
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Double Entry
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March 23: Stationery worth€40 returned to Price Paper Ltd for full allowance.
Which account should be debited?
Creditor - Price Paper Ltd Account
Stationery Account
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Yes, the creditor account should be debited
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Price Paper Ltd received back the stationery
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