Client Ledger Transactions
Summary
To manage client and business ledger accounts, credit Deans account by £800 and debit the business account. For Wade, debit his account by £100 for a court fee and credit the business account. Credit Wills account by £7,000 for debt collected and debit the business account. For Simon, credit his account by £300, funded by Dean, and debit Deans account. Ensure all entries are balanced between client and business accounts.Full Conversation
Wade:- Debit: £* paid for court fee.
- Credit: £*,* received as debt collected.