Cash transactions are financial activities involving the .............. use of .................​ (a)  

Credit transactions are financial activities when the payment or receipt of money is ....................​ (a)  

A trader is a business organisation that aims to make profit from the buying and selling of ................ No ................ takes place.​ ​ (a)  

A T-Account is a ...................... form used to record transactions affecting a particular aspect of a business's financial activities .​ ​ ​ (a)  

Debit is the ................. side of an account .​ ​ ​ ​ (a)  

Credit is the ................. side of an account .​ ​ ​ ​ (a)  

Double entry is the process of making two .............. for every transaction. ​ (a)   ​ ​ ​

Double entry book-keeping is the process of making a ............... entry and a .............. entry for each transaction. ​ (a)   ​ ​ ​

An account is a record in ledgers, used to collect and store .............. and ............. amounts relating to an asset, a liability, capital, an ............... or an .................. . For example, every transaction that involves machinery will be recorded in the machinery account. ​ ​ ​ ​ ​ (a)