The corresponding entry of personal accounts found in the...
The corresponding entry of personal accounts found in the debit side of the cash is to
Credit real accounts
Debit real accounts
Credit the ledger
Debit the ledger
Correct answer is C
For every debit entry, there must be a corresponding credit entry. Hence we credit the ledger
Mark-up on goods sent to branch are recorded in the books by crediting ...
A statement of affairs shows ...
If the Opening stock is undervalued ...
The financial statement which is an expression of the accounting equation is the ...
The current growth in the volume of trading and financial dealings in Nigeria is helped by? ...
The source documents include? ...
........................31/12/08...........31/12/09 Furniture and fittings..N21,000,............N...
Uche returned goods worth N1,500 to Udo. Uche should receive ...