.
Dego Debit and Credit Sales Account
Bank Account Debit and Credit Dego
Dego and Credit Debit Cash Account
Bank Account Debit and Credit Sales Account
Debit , credit
Credit , credit
Debit , debit
Credit , debit
Assets must have increased by RM 7000 or equity must have decreased by RM 7000
Assets must have decreased by RM 7000
Assets and equity must have each decreased by RM 3,500
Owners equity must have increased by RM 7000.
The accruals concept
The duality concept.
The matching concept.
The prudence concept.
An item of income to the business.
An asset of the business.
An expense of the business.
A liability of the business.
Revenue
Purchases
Sources of fund
Liability
Revenue
Purchases
Asset
Expenses
Liabilities
Expenses
Purchases
Expenses
True
False