As at 31 December 2019 Jenny had a bank loan of $4.500 and a balance of $1,400 in her bank acCount. How should these amounts be recorded on Jenny's opening trial balance at 1 January 2020? Select one:...

As at 31 December 2019 Jenny had a bank loan of $4.500 and a balance of $1,400 in her bank acCount.<br>How should these amounts be recorded on Jenny's opening trial balance at 1 January 2020?<br>Select one:<br>a. Debit $1,400 and Credit $4,500<br>b. Debit $4,500 and Credit $1,400<br>c. Credit $5,900<br>d. Debit $5.900<br>

Extracted text: As at 31 December 2019 Jenny had a bank loan of $4.500 and a balance of $1,400 in her bank acCount. How should these amounts be recorded on Jenny's opening trial balance at 1 January 2020? Select one: a. Debit $1,400 and Credit $4,500 b. Debit $4,500 and Credit $1,400 c. Credit $5,900 d. Debit $5.900

Jun 10, 2022

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As at 31 December 2019 Jenny had a bank loan of $4.500 and a balance of $1,400 in her bank acCount. How should these amounts be recorded on Jenny's opening trial balance at 1 January 2020? Select one:...

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