Action Accounting

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The Pineapple Pub

Double Entry: Transaction 14 / of 16

Scene 55 / of 100

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Sales €15,000 lodged to bank on 24th December.

Which account should be debited?

Bank Account
Sales Account

close The bank account is debited when money is lodged because an asset is being increased.

close Are you sure? Try again.

close The bank account is receiving money, the asset is increasing in value.

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