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Q6: A purchase of equipment using cash is recorded in the: Cash book as...

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Accounting

Q6: A purchase of equipment using cash is recorded in the:

Cash book as cash receipts

General journal.

Purchases journal.

Cash book as cash payments

Q7: We paid the account of Rahim by cheque $310 after deducting a cash discount $15. The amount of $15 will be entered in Cash Book as:

Payment in Bank Column

Discount on debit side

Receipt in Bank Column

Discount on credit side

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