A cheque drawn for N1200 was entered in the cash book as ...
A cheque drawn for N1200 was entered in the cash book as a receipt. The accounting entries are
Credit cash account, debit bank account with N1,200
Debit cash account, creidit bank account with N1,200
Credit cash account, debit suspense account with N2,400
Debit cash account, debit suspense account with N2,400
Credit bank account, debit suspense account with N2,400
Correct answer is E
No explanation has been provided for this answer.
Kadiri paid his debt to Suleman by cheque. The accounting entries in Kadiri s books are: debit ...
Use the following information to answer the given question \(\begin{array}{c|c} \text{Rent paid...
Use the information below to answer this question. \(\begin{array}{c|c} \text{Raw materials jan.}...
A major benefit derived from the reconciliation of branch and head office books is to? ...
Trading Account of Umeh Enterprises for the year ended 31st December 2019 ...
# Stock Jan 1 2600 Purchases...
Which of the following is credited to the consolidated revenue fund? ...
A business marked up its cost by 50%. This would mean a gross profit of ...