Ibrahim, a micro business operator, sold 10 bags of sugar to Jide at a total cost of #12,000.
In the book of Ibrahim, the entry to record the transaction would be to debit

Ibrahim, a micro business operator, sold 10 bags of sugar to Jide at a total cost of #12,000.
The record in Jide's book would be to debit

In a three-column cash book, dishonored cheques will be shown on the

Cash can be drawn from the bank using

In a modern day banking system, cash transfer cannot be made where the transferor