Forlah, a stock broker bought stationery for ₦12,000 by cash. To record this transaction, debit
FINANCIAL
JAMB 2021
Forlah, a stock broker bought stationery for ₦12,000 by cash. To record this transaction, debit
- A. cash and credit stationery
- B. purchases and credit stationery
- C. stationery and credit purchases
- D. stationery and credit cash
Correct Answer: D. stationery and credit cash
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