Action Accounting
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The Pineapple Pub
Double Entry: Transaction 10 / of 16
Scene 38
/ of 100
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Completed Financial Statements
December 18: Jason recognised an opportunity to expand his business so agreed to supply goods on credit to Hampstead Heath Party-Hire amounting to €2,000.
Credit sales to Hampstead Heath Party-Hire amounted to €2,000 on 18th December.
Tick which two ledger accounts should be used.
Bank Account
Capital Account
Creditor - Flash Sales Limited Account
Creditor - Kensington Supplies Limted Account
Debtor - Hampstead Heath Party Hire Account
Discount Allowed Account
Drawings Account
Energy Expenses Account
Equipment Account
Furniture Account
Leasing Expenses Account
Purchases Account
Rent Payable Account
Rent Receivable Account
Sales Account
Wages Account
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The debtor account representing Hampstead Heath Party-Hire and sales are the two accounts required.
close
Are you sure? Try again.
close
Goods sold to the debtor on credit. No money was exchanged yet.
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