The correct posting in a double entry system of account w...
The correct posting in a double entry system of account when there is an increase in double assets, expenses, capital or liabilities is to debit
Capital and debit liabilities
Liabilities and credit assets
Assets and credit capital
Capital and credit assets
Correct answer is C
No explanation has been provided for this answer.
The following information were extracted from the books of Miliki state Sinking ...
Use the following information to answer the given question \(\begin{array}{c|c} & \text{1/1/8...
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When provision is made for doubtful debt, the accounting entries are debit ...