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On 11 July 2024, interest income of R18 400, received from SA Bank, was recorded...
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On 11 July 2024, interest income of R18 400, received from SA Bank, was recorded on the bank statement of Chad Traders' fixed deposit account. Chad Traders is not a registered VAT vendor.
Which account will be debited, and which account will be credited in the general ledger of Chad Traders?
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