Pancyprian TS Accounting Practice Questions - Cyprus Pancyprian Access Examination Technical School Accounting (Practical Direction) (ΛΟΓΙΣΤΙΚΗ Τ.Σ. (Π.Κ.), Code 518) Exam

Customer Maria settles her €720 account by bank transfer. The correct double entry is:

Debit Maria €720; Credit Bank €720 Debit Bank €720; Credit Maria €720 Debit Bank €720; Credit Sales €720 Debit Sales €720; Credit Maria €720

Correct Answer:

Debit Bank €720; Credit Maria €720

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