The normal accounting entry to record the dishonor of a b...
The normal accounting entry to record the dishonor of a businessman is to
Debit cash book and credit suspense account
Debit cash book and credit drawer
Credit cash book and debit suspense account
Credit cash book and debit drawer
Correct answer is D
No explanation has been provided for this answer.
Agreement between partners is contained in the partnership ...
The balance in a sales Ledger Counter Account indicates the ...
Use the following information to answer the given question: \(\begin{array}{c|c} \text{Date of de...
Which of the following rules is applicable in the absence of a partnership agreement? Inte...
Where a business is purchased, the full amount of the purchase consideration is credited to ...
Given: Depreciation of plant and machinery Factory rent Indirect w...
Income received in advance is treated in the balance sheet as a ...
A debit entry in the cash account and a corresponding credit in Alieu's account indicate a ...
Capital: opening balance 307,000 closing balance 342,000 Net profit for the period 121,600 Openin...