A cheque for N400 drawn in favour of Jeje was posted to t...
A cheque for N400 drawn in favour of Jeje was posted to the credit of his account. The entry necessary to correct the error is
A debit suspense account N800, credit Jeje's account N800
Debit bank to correct N400, credit Jeje's account N400
Debit suspense account N400, credit Jeje's account N400
Debit Jeje's account N800, credit suspense account N800
Debit Jeje's account N400, credit suspense account N400
Correct answer is D
No explanation has been provided for this answer.
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