July 1 - Started business with #10,500
July 31- Paid Agro machine x #6,000 owing them
The double entry for July 31 would be
July 31- Paid Agro machine x #6,000 owing them
The double entry for July 31 would be
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Correct Answer: Option A
Explanation:
Debit the creditors account ( agr0-machine) and credit cash
Debit the creditors account ( agr0-machine) and credit cash