Welcome to Schoolngr.com

Home   School   News   C B T   Classroom
Sunday, 06 October 2024

RegisterLogin

A payment of cash of N20 to John was entered on the receipt side of the cash book in ...

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 entries can be used to correct the error?

A. John: N40 Dr, Cash: 40 Cr
B. Cash: N40
C. John: N20 Dr, Cash: N20 Cr
D. Cash: 20 Dr, John: N20 Cr





STAY UPDATED
FOLLOW US ON :


AboutContact usBack to Top
...

Disclaimer
All Views, Names, Acronyms, Trademarks, Expressed on this website are those of their respective owners. Please note that www.schoolngr.com is not affiliated with any of the institutions featured in this website. It is always recommended to visit an institutions or sources official website for more information. In the same vein, all comments placed here do not represent the opinion of schoolngr.com


SCHOOLNGR - © 2020 - 2024 - Tayo Hammed | Terms Of Service | Copyright | Privacy Policy