A sole trader keeps records of business transactions by using the double entry system. Which transaction does not comply with the double entry rules?
- AAn expense account is debited at the end of the year when there is an expense prepaid on that date.
- BThe capital account is credited when the sole trader introduces their personal computer to the business.
- CThe provision for motor vehicles depreciation account is debited when a motor vehicle is sold.
- DThe purchases account is credited when the sole trader draws goods from the business.