Bling

Double Entry: Transaction 8 / of 22

Scene 30 / of 136

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I decided to obtain full insurance cover and agreed monthly insurance of €300 and wrote the first cheque on May 9th to cover insurance for the month of May.

Action Accounting

Bling

Double Entry: Transaction 8 / of 22

May 9th paid for insurance by cheque for €300

Tick which two ledger accounts should be used.