Musa, a prepaid customer of XYZ and KLM, bought N1500 rec...
Musa, a prepaid customer of XYZ and KLM, bought N1500 recharge card from XYZ, and N2000 recharge recharge card from KLM, for business calls. The entry to record these transaction is debit?
Telephone N3,500 credit XYZ and KLM, N3,500
Telephone N3,500, credit cash N3,500
Sundries N3,500, credit KLM N3,500
Sundries N3,500, credit telephone N3,500
Correct answer is B
No explanation has been provided for this answer.
Given: Equipment Motor Vehicle Loan Creditors Sub in advance ...
One basic assumption of the double entry theory is that it allows? ...
The major feature of a journal is that it has ...
The depreciation on plant acquired by a manufacturing company is treated as ...
Control accounts help to verify the arithmetic accuracy of the postings from the ...
Use the information to answer the given question. RECEIPTS AND PAYMENTS ACCOUNT: \(\begin{array}{...