Page 51 - Book-keeping for Secondary Schools Student’s Book Form One

Application of the double entry system

(c) Repaid part of a loan
from P. Komba by
cheque

(d) Returned some of the
office machinery to
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SIDO
(e) A debtor, N.Kakonko,
pays us by cheque

(f) Bought a van in cash

(g) Machinery sold in cash

(h) Goods returned by us to
Sekimweri

6. Complete the following table by showing the account to be debited and the account
to be credited.

S/N Nature of transaction Debit Credit

(a) Bought a lorry for cash
(b) Paid a creditor, T. Wanjara, by cheque

(c) Repaid P. Mkombozi’s loan in cash
(d) Sold a lorry for cash

(e) Bought a solar equipment on credit
from Light Swebe Ltd
(f) A debtor, A. Msasu, pays us in cash.
(g) A proprietor puts a further amount into
the business by cheque

(h) A loan in cash is received from L.
Washee
(i) Paid rent in cash
(j) Paid salary by cheque

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Book Keeping Form 1 New 2024 FINAL.indd 43 18/10/2024 10:14