Accounting JAMB

When a customer’s cheque is returned unpaid in a debtor’s control accounting system; the treatment will be?

A. debit bank, credit custmer and credit conyrol account
B. credit bank, debit customer, and credit control account
C. debit customer, debit control accountand credit bank
D. credit control account, debit bank and debit customer

Correct Answer:

Option B – credit bank, debit customer, and credit control account

Sunday

Share
Published by
Sunday
Tags: Accounting

Recent Posts

OOU JUPEB Admission For Agricultural Extension

Do you want to study Agricultural Extension in OOU? Before you apply for the OOU…

10 months ago

OOU JUPEB Admission For Agricultural Economics

Do you want to study Agricultural Economics in OOU? Before you apply for the OOU…

10 months ago

OOU JUPEB Admission For Cooperative and Business Management

Do you want to study Cooperative and Business Management in OOU? Before you apply for…

10 months ago

OOU JUPEB Admission For Home and Hotel Management

Do you want to study Home and Hotel Management in OOU? Before you apply for…

10 months ago

OOU JUPEB Admission For Animal Production

Do you want to study Animal Production in OOU? Before you apply for the OOU…

10 months ago

OOU JUPEB Admission For Crop Production

Do you want to study Crop Production in OOU? Before you apply for the OOU…

10 months ago