Question

Complete the following table by indicating the account to be debited and the one to be credited 

Started a business with Sh 50,000 cash
Received a cheque from a debtor Kamunya
Bought office equipment by cheque
Paid creditor Wambui in cash

Answer 1

	Dr	Cr
Started a business with Sh 50,000 cash	Cash	Capital
Received a cheque from a debtor Kamunya	Kamunya	Bank
Bought office equipment by cheque	Office Equipment	Bank
Paid creditor Wambui in cash	Wambui	Cash