Example: bachelor of science
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8. Prepare Journal entries for the following transactions in David’s books. (i) David’s acceptance to Samuel for ` 5,000 discharged by a cash payment of ` 1,000 and a new bill for the balance plus ` 100 for interest. (ii) Samantha’s acceptance for ` 8,000 which was endorsed by David to Flex was dishonoured.
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