Question 47

Abu, a debtor to Dania, owed ₦10,500 at the start of the month. He paid cash of ₦40,005 during the month and received additional credit sales of ₦20,000.Using the information, In Dania's books, to record the payment of ₦30,505 cr.40,005 by Abu

  • A.debit cash account, credit Abu's account
  • B.debit Abu's account, credit cash account
  • C.debit cash account, credit sales account
  • D.debit sales account, credit cash account,
Objective

Question details

Exam body
WAEC
Subject
Accounts - principles of accounts
Year
2009
Question no.
#47
Type
Objective

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