Lima paid off debt of D2,500 owed to Dongo by cash. The e...
Lima paid off debt of D2,500 owed to Dongo by cash. The entries in lima's book are: debit
Cash D2,500; credit Dongo D2,500
Dongo D2,500; credit cash D2,500
Bad debt D2,500; credit Dongo D2,500
Dongo D2,500; credit bad debt D2,500
Correct answer is B
No explanation has been provided for this answer.
The final stage of accounting process is ...
Stock or raw materials(1st January) 3000 Direct wages 2500 Direct expenses 1000 Factory overheads...
Use the following to answer the given question UCHENNA ENTERPRISES: Balance sheet as at 31st De...
A list of all credit and debit balance from the ledger accounts is ...
The transactions relating to liquidation in partnership account is drawn by using? ...