The double entry principle states that?

A. every debit entry must have a corresponding credit entry B. every credit entry must have a corresponding double entry C. every debit must have a corresponding double entry D. every asset must have a corresponding liability Correct Answer: Option A A. every debit...

A dishonored cheque is?

A. debited in cash book B. credited in the cash book C. double entry in the cash book D. credited in the bank book Correct Answer: Option A A. debited in cash book

Copyright warnings! Do not copy.