A cash payment of ₦85 to Regina was entered in the book...
A cash payment of ₦85 to Regina was entered in the books as ₦58. The entries to correct the error are: debit
Regina's account ₦27 : credit cash account ₦27
Cash account ₦27 : credit Regina's account ₦27
Regina's account ₦143 : credit cash account ₦143
Cash account ₦143 : credit Regina's account ₦143
Correct answer is A
No explanation has been provided for this answer.
Use the following information to answer the given question: \(\begin{array}{c|c} & N \\ \hl...
The term "accounting period" is used to refer to the ...
When a share valued at 50k is issued at #1.59, it is said to be issued at ...
Which method of pricing can be used satisfactorily in either rising or falling price situation? ...
Errors in the ledger can be corrected through ...
Suppliers' personal account are found in the ...
The following transactions relate to Osei Enterprises for the year ended 31st December 2020. ...