On 1 September 2023, Mrs A Zulu opened a new clothing store, SA Clothing. She will not only sell various clothing items but will also provide services repairing clothing items for clients. SA Clothing is not registered
as a VAT vendor and makes use of the periodic inventory system
On 5 September 2023, SA Clothing received an invoice for services rendered relating to reparations on clothing to the amount of R4 500. SA Clothing has not paid for the services yet.
Which account will be debited, and which account will be credited in the general ledger of SA Clothing?
Select one:
Oa Debit the bank account with R4 500, and credit the clothing repairs account with R4 500
O b. Debit the trade payables account with R4 500, and credit the clothing repairs account with R4 500
Oc Debit the clothing repairs account with R4 500, and credit the bank account with R4 500
Od Debit the clothing repairs account with R4 500, and credit the trade payables account with R4 500