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Mathematics 19 Online
OpenStudy (anonymous):

An accounting question For (v), what entries should I enter? Should I credit the Bank account or the capital account, and why? And concerning the interest charged on the amount loan. What value should I take when calculating the interest?

OpenStudy (anonymous):

For (v), what entries should I enter? Should I credit the Bank account or the capital account, and why? And concerning the interest charged on the amount loan. What value should I take when calculating the interest?

OpenStudy (anonymous):

I believe you would debit trade creditors and credit capital carmen. I may be wrong though.

OpenStudy (anonymous):

Hmm what about the interest?

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