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

By: |Published on: Dec 8|Categories: Accounting JAMB| 0 comments

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

Correct Answer:

Option D – credit cash book and debit drawer

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