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.
\(\begin{array}{c|c} & N \\ \hline sales & 45,000 \\ \text{Opening stock} & 20,000 \\ \t...
Balance as per cashbook 2, 970 Bank Charges 220 Unpresented cheques 3,950 Uncredited cheques 4,17...
The acid test ratio in the company is ...