The normal accounting entry to record the dishonor of a businessman is to?

FINANCIAL
JAMB 2002

The normal accounting entry to record the dishonor of a businessman is to?

  • A. debit cash book and credit suspense account
  • B. debit cash book and credit drawer
  • C. credit caah book and debit suspense account
  • D. credit cash book and debit drawer

Correct Answer: D. credit cash book and debit drawer



Post an Explanation Or Report an Error
If you see any wrong question or answer, please leave a comment below and we'll take a look. If you doubt why the selected answer is correct or need additional more details? Please drop a comment or Contact us directly. Your email address will not be published. Required fields are marked *
Add Math
Don't want to keep filling in name and email whenever you make a contribution? Register or login to make contributing easier.