The double entry to record the proceeds on disposal of assets in debit?

By: |Published on: Mar 21|Categories: Accounting WAEC| 0 comments

A. bank account; credit asset disposal account
B. asset disposal account; credit bank account
C. provision for depreciation account; credit asset disposal account
D. asset disposal account; credit provision for depreciation account

Correct Answer: Option A

A. bank account; credit asset disposal account

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