Question 3

Where a proprietor withdraws cash from bank for office use, the entries would be

  • A.credit cash account, debit bank account
  • B.debit cash account, credit bank account
  • C.debit officer account, credit bank account
  • D.debit drawings account, credit bank account
  • E.debit bank account, credit drawings account
Objective

Question details

Exam body
WAEC
Subject
Accounts - principles of accounts
Year
1994
Question no.
#3
Type
Objective

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