A cash payment of ₦85 to Regina was entered in the books as ₦58. The entries to correct the error are: debit?

By: |Published on: Jun 2|Categories: Accounting WAEC| 0 comments

A. regina’s account ₦27 : credit cash account ₦27
B. cash account ₦27 : credit Regina’s account ₦27
C. Regina’s account ₦143 : credit cash account ₦143
D. cash account ₦143 : credit Regina’s account ₦143

Correct Answer: Option A

A. regina’s account ₦27 : credit cash account ₦27

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