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.
Use the information to answer the given question. RECEIPTS AND PAYMENTS ACCOUNT: \(\begin{array}{...
Given: I. Settlement of debts II. Cessation of business III. Introduction of assets IV. Dispos...
The total of the discount from creditors is transferred to ...
The current growth in the volume of trading and financial dealings in Nigeria is helped by? ...
At the end of a financial period, the trading profit and loss account of a sole trader shows...
The maximum amount which a company can raise by way of selling share is ...