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On 15 June 2023, the owner of Africa Traders, Mr A Africa, did an electronic fun...
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On 15 June 2023, the owner of Africa Traders, Mr A Africa, did an electronic funds transfer of R15 000 into the entity’s bank account as an additional capital contribution. Africa Traders is not a registered VAT vendor.
Which account will be debited, and which account will be credited in the general ledger of Africa Traders?
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