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22 May, 11:58

If jjones withdraws 50000 from her personal account and deposits cash into a business account how to know 2hich accts to put in ledger

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  1. 22 May, 13:38
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    The actions to write in the ledger are two.

    Explanation:

    When Jones withdraws from his personal account he is making a debit action, which indicates that this asset is decreasing and when that money is deposited to a commercial account he is making a credit action, which indicates that this asset is growing.
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