A payment of cash of N20 to John was entered on the receipt side of the cash book in error and credited to John's account.
Which of the following journal entry can be used to correct the error?

Similar Questions

1/5/07 Purchased 100 bags of milk at #10.00k each 3/5/07 Purchased 60 bags of milk at #11.50k each ...

Sales was D12,500, total expenses was D2,500 and net profit is 10% of sales what is the gross profit...

Lighting..................N2925 Rent......................N2640 Salary....................N4050 ...

Which of the following formulae is used to calculate stock turnover rate?   ...

Which of the following is accounted for in receipts and payments account? ...

Social Club Subscription (Extract) 31/12/2009 Subscription accrued #18,900 Subscription received...

Which of the following is not a petty cash book item? purchase of ...

Five hundred naira monthly is allowed on an imprest system. The following transactions took place P...

\(\begin{array}{c|c} & N \\ \hline \text{Opening stock of raw materials} & 8,000\\ \text{Pur...

   $  Trade creditors (31/12/2020) ...