Question on: JAMB Accounting - 2005
A company paid cash in redemption of N10,000 debenture.
The accounting entry to record this will be to debit?
The accounting entry to record this will be to debit?
A
cash and credit debenture
B
debenture and credit cash
C
cash and credit capital
D
capital and debit cash
Ask EduPadi AI for a detailed answer
Correct Option: B
Add your answer
Please share this, thanks!
No responses